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This Business has been Sold!
Closing Date: 08/04/2016
Business for Sale Summary

DME Medical Equipment - 24492

Business Type: health/medical/dental practices,healthcare related services,misc. service/non-classifiable,owner financing available
Sold
DME Medical Equipment
On August 4th 2016, The Undersigned
Acted as the Advisor to the Deal
Joseph Stansky Esq
Joseph Stansky Esq Senior Broker
Servicing: Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $300,000 Down Payment $200,000
Gross Revenues $405,000 Lease Remaining Register Free to View
Owner’s Cash Flow $107,648 Number of FT Employees Register Free to View

Financing

$200,000 Down and $100,000 over 3 years @5%

Business Description

Established and accredited DME/HME and O &P(Durable and Home Medical Equipment and Orthotic and Prothetic) Medical Equipment Serves 6 Northern New Jersey Counties In network w/Medicare and most Major insurance plans including Cigna, Horizon,BC/BS, Aetna, Healthfirst, TriCare,Wellcare and many others. 25% private pay, 50% medicare and 25% insurance.This is a turn key operation with O & P Accreditation in place by Medicare. Includes two vans. 2 managers cover for absentee owners. Company provides hospital beds, manual/power wheelchairs, commodes, scooters, oxygen, incontinence supplies, mail order supplies, support surfaces, nutritional support, orthopedics and prothetics, and stair lifts etc. with most equipment in field rented to patients.Nice web site. NO SEO. Currently run semi absentee. Valuable insurance contracts and clients for existing DME Company to acquire. Equipment utilization rate is only 60%. Opportunity for full time owner operator. Contact broker Joseph Stansky for more details. Proof of funds is required,

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.