Established Durable Medical Equipment Company
Location: Exton, Chester County, Pennsylvania 19341
Cash Flow: $134,000
Furniture, Fixtures & Equipment: $7,500 (included in price)
Inventory: $100,000 (included in price)
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.
Reason Selling: Other Business Interests
Year Established: 2006
Web Site of Business: www.advancedmedicalpa.com
Contact: Doug Whalen, Esq.
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