Established Durable Medical Equipment Company
Location: Exton, Chester County, Pennsylvania 19341
Financial Information
Asking: $199,000
Gross: $204,000
Cash Flow: $134,000
Furniture, Fixtures & Equipment: $7,500 (included in price)
Inventory: $100,000 (included in price)
Summary Description
Amazing ground floor opportunity with tremendous growth potential in the durable
medical equipment industry. Add a couple of salespeople and watch this business
grow into a multi-million dollar operation. The owner has done all of the hard
work in starting this company. The business is accredited by the Commission
of Health Care. Approximately 96% of the revenue is derived from Medicare. The
remaining portion is derived through Blue Cross Blue Shield patients. This business
is known for its friendly customer service and professionalism. The time is
ripe for a new owner to step in and grow the business. A new owner could expand
the business tremendously by adding salespeople. They currently have relationships
with only ten nursing homes. There are over 700 nursing homes in the state of
Pennsylvania that could be networked with. A new owner could also grow the business
by adding more private insurance carriers to their list of accepted providers.
A new owner could also grow the business by networking with key surgeons, doctors
and hospital discharge planners. For the first time, most of the product has
been paid off. Approximately $17,000 a month is generated by the rented beds
and wheelchairs. Monthly expenses run approximately $6,000. This will be a cash
cow for the new owner. A new owner should be able to realize the current cash
flow without increasing the business.
General Information
Support/Training: Negotiable
Reason Selling: Other Business Interests
Year Established: 2006
Employees: 3
Web Site of Business: www.advancedmedicalpa.com
Contact Information
Contact: Doug Whalen, Esq.
Phone: 610-551-9733
Email: dougw@esqbb.com
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