American HealthCare Capital is pleased to offer a thirty year old Durable Medical Equipment company that primarily services the greater Los Angeles marketplace, but can also service the entire state of California. They currently serve over 3,000 patients per month on a customized basis and continue to grow.
The company delivers medical products to their clients’ homes. Incontinence products account for about 60% of the company’s revenues. The balance of the 40% in sales is almost equally divided between Diabetic supplies, DME, Nutritional products, Enteral products and Medications.
In 2011, this family owned business achieved over $2.6 Million in gross revenues. This was a slight increase over 2010 revenues despite reimbursement rate cuts from the California Medicaid program. About 65% of the revenues are derived from Medi-Cal, 20% Medicare, and the balance comes from major insurers they have contracts with.
The company does not have a retail store but does have an active website offering their full line of products. Therefore the company can be moved anywhere or consolidated with a new owner. This is a great platform for a company wanting to get into this business with the possibility of transitioning into respiratory and other auxiliary services afforded by their DME license.
The company is quite profitable and the sellers are willing to sell the business opportunity and the upside potential for $1.5 Million plus the value of any sealed inventory. If you would like to learn more about this company, please call us for a Confidentiality Agreement that will allow us to share more information with you.
$2.6 Million Los Angeles Full Service DME Company
American HealthCare Capital is pleased to offer a thirty year old Durable Medical Equipment company that primarily services the greater Los Angeles marketplace, but can also service the entire state of California. They currently serve over 3,000 patients per month on a customized basis and continue to grow.
The company delivers medical products to their clients’ homes. Incontinence products account for about 60% of the company’s revenues. The balance of the 40% in sales is almost equally divided between Diabetic supplies, DME, Nutritional products, Enteral products and Medications.
In 2011, this family owned business achieved over $2.6 Million in gross revenues. This was a slight increase over 2010 revenues despite reimbursement rate cuts from the California Medicaid program. About 65% of the revenues are derived from Medi-Cal, 20% Medicare, and the balance comes from major insurers they have contracts with.
The company does not have a retail store but does have an active website offering their full line of products. Therefore the company can be moved anywhere or consolidated with a new owner. This is a great platform for a company wanting to get into this business with the possibility of transitioning into respiratory and other auxiliary services afforded by their DME license.
The company is quite profitable and the sellers are willing to sell the business opportunity and the upside potential for $1.5 Million plus the value of any sealed inventory. If you would like to learn more about this company, please call us for a Confidentiality Agreement that will allow us to share more information with you.