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- RE: Durable Medical Equipment & Supplies
- Contact: Rashid Khalid
Quick Facts
| Asking Price: | $299,000 | |
| Annual Revenue: | $425,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $100,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2001 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 213525717 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This successful Durable Medical Equipment (DME) business has been helping patients in Los Angeles County with their medical supplies and equipment needs. The business sells/rents orthopedic supplies, wheel chairs, incontinence, diabetic supplies and much more. The company is licensed, accredited and has Medi-Cal and Medicare Provider numbers. The most valuable assets of the company are 40 contracts with HMOs and PPOs including LA Care, Care 1st, Easy Choice, HealthNet and Citizens Choice. Some of these HMOs no longer award contracts to new DME suppliers. The company does not participate in competitive bidding. The Company has been in business for 15 years and is centrally located in Van Nuys, San Fernando Valley. Rent for the 900 sf facility is $1,700/ month. Revenue for 2016 is projected to be $425,000 with a net profit of $100,000. The price, which includes all these valuable contracts, is $299,000. For more information, please contact Rashid Khalid.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
This successful Durable Medical Equipment (DME) business has been helping patients in Los Angeles County with their medical supplies and equipment needs. The business sells/rents orthopedic supplies, wheel chairs, incontinence, diabetic supplies and much more. The company is licensed, accredited and has Medi-Cal and Medicare Provider numbers. The most valuable assets of the company are 40 contracts with HMOs and PPOs including LA Care, Care 1st, Easy Choice, HealthNet and Citizens Choice. Some of these HMOs no longer award contracts to new DME suppliers. The company does not participate in competitive bidding. The Company has been in business for 15 years and is centrally located in Van Nuys, San Fernando Valley. Rent for the 900 square feet facility is $1,700/ month. Revenue for 2016 is projected to be $425,000 with a net profit of $100,000. The price, which includes all these valuable contracts, is $299,000. For more information, please contact Rashid Khalid.Reason for Selling:
Other interests.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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