Profitable Home Medical Supply Company (DME) New York, NY (New York County)

Price: $875,000

Location: New York

Industry: Health Care and Fitness

Listing ID: MS3122025

With a strong and established internet presence, this high margin Home Medical Equipment Supply Company (DME) rents and sells home medical equipment and supplies. Their product lines include; Hospital Beds, Powered Wheelchairs, Scooters, Walkers, Bedroom and Living Room Equipment, Medical Mattresses, Shower Chairs and Benches, Bathing Accessories, Incontinence Products, and more. Most of the products that are sold are also available for short or long-term rental.

This highly scalable business is located in Brooklyn, NY and services customers throughout the Metropolitan New York area including; Manhattan, Brooklyn, Queens, Long Island, The Bronx, Westchester County, as well as Northern and Southern New Jersey. This company sells their products nationwide through their website which are drop shipped by other vendors. The location comprises 4,500 SqFt office and warehouse space. The location can also accommodate a showroom.

This Home Medical Equipment Supply Company (DME) is well positioned to service the aging population demographic, and is priced to sell with a highly motivated owner. The seller, seeking retirement will provide hands-on training to ensure a smooth transition.

• Asking Price: $875,000
• FF&E: $15,000 (Included in Purchase Price)
• Annual Cash Flow: $254,000
• Gross Revenue: $1,100,000
• Employees: 5
• Inventory: $95,000 (Included in Purchase Price)
• Building Size: 4500 SqFt
• Down Payment: Negotiable
• Monthly Rent: $9,800
• Security Deposit: $18,000
• Payroll: $275,000
• Established: 2004
• Reason for selling: Owner is seeking retirement.
• Open: 5 Days

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:

The opportunities for growth within the homecare medical equipment market is very strong at this time.