Profitable Private Pay Home Medical Equipment Company

Price: $875,000

Location: New York

Industry: Health Care and Fitness

Listing ID: MS3122025

This profitable private pay home medical equipment and supply company rents and sells products that support mobility, recovery, safety, and independent living at home. Its product lines include hospital beds, powered wheelchairs, lifts, scooters, walkers, bedroom and living room equipment, medical mattresses, shower chairs and benches, bathing accessories, incontinence products, and related supplies. Many products are available for both short and long term rental.

Established in 2004, the company serves customers throughout the New York metropolitan area, including Manhattan, Brooklyn, Queens, Long Island, the Bronx, Westchester County, and Northern and Southern New Jersey. It also reaches customers nationwide through its established ecommerce platform and vendor drop shipping relationships.

A key differentiator is the company’s private pay model. The business does not rely on Medicare or Medicaid reimbursement, allowing it to serve a substantial direct consumer market without dependence on public payer processes.

The company operates from a 4,500 square foot office and warehouse facility that can also accommodate a showroom. Its combination of local service, direct sales, rental revenue, ecommerce, and nationwide distribution provides several opportunities for continued growth.
The owner is seeking retirement and will provide hands on training and transition support to help ensure a smooth transfer of ownership.

Business and financial highlights:
▪ Asking price: $875,000
▪ Annual cash flow: $254,000
▪ Gross revenue: $1,100,000
▪ Furniture, fixtures, and equipment: $15,000, included in the purchase price
▪ Employees: 5
▪ Facility size: 4,500 square feet
▪ Monthly rent: $9,800
▪ Security deposit: $18,000
▪ Annual payroll: $275,000
▪ Established: 2004
▪ Open: 5 days per week
▪ Down payment: Negotiable

Gross Revenue: $1,100,000

Cash Flow: $254,000

FFE: $15,000 (Included in price)

Inventory: $115,000 (Included in price)

Reason for Sale:

Seller is seeking retirement.

Training & Support:

Seller will support and train to ensure a smooth transition.

Year Established: 2004

Non-Owner Payroll: $275,000

Employees: 5

Security on Lease: 18000

Monthly Rent: 95000 (Included in Purchase Price)

Type of Location: Single location.

Square Footage: 4500

Facilities Information:

Warehouse and Office Space.

Potential Growth:

Growth potential is supported by increasing demand for products that enable mobility, recovery, safety, and independent living at home. Additional opportunities include expanding ecommerce, rental services, product offerings, and geographic reach.