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Home Medical Equipment and Medical Lift Business

Connecticut

Asking Price: Gross: Cash Flow:
$1,000,000 $1,700,000 $250,000

Furniture and Fixtures Value:
$20,000 (included in the asking price)

Inventory Value:
$70,000 (included in the asking price)

Business Summary:
This Durable Medical Equipment business also specializes in lifts. Around for over 35 years they have developed a reputation and need not rely on Medicare or Medicaid. The vast majority of their business is with private insurers who they network with.
Regardless of the uncertainty as to the administration of health care, we know the demographics indicate that the segment of the population in need of home health care equipment is increasing and ultimately it will be provided. However, this company relies upon primarily private pay primarily.
The Connecticut located business specializes in the sale, rental and service of medical equipment and supplies for the home. Their patients receive personal and private attention from our qualified staff of medical personnel. For patient convenience, members of the staff speak Portuguese and Spanish.
With sound numbers headed for increased earnings this year and a reasonable multiple, this very profitable business is priced to sell.
For more information contact Bill Augustine, Sunbelt Business Advisors at 847-605-1510 ext. 234 or email [email protected].

 
   
   
Year Business was Established: 1977
   
Number of Employees: 8 FT, 4 PT  
   
Owner willing to train: Yes  
   
Reason for selling: Retirement  
 

 

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