New Business For Sale: Retail/HME/DME Pharmacy & Medical Device

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April 16, 2021 by Tom Plotkin

Tom Plotkin just launched a new listing: Retail/HME/DME Pharmacy & Medical Device

Retail/HME/DME Pharmacy & Medical Device
Asking: $2,750,000 • Gross: $ • Net: $

Unique opportunity to acquire two separate California C-Corps, a Pharmacy and an FDA-approved manufacturer along with HME and DME - each licensed by the California State Board of Pharmacy. The Seller has decades of experience and will continue on as a Consultant as needed.  His business model is a "Changing model for changing times."

The other is an FDA C-Corp which manufactures and wholesales a proprietary, Patented, FDA Registered OEM Medical Device. The license is clear and clean.  The option to expand manufacturing to other medical device products is unlimited.  The Pharmacy handles all the Retail Sales and Distribution and the FDA C-Corp handles the wholesale. Combined sales exceed $1,000,000.

As the Pharmacy has an expansive HME/DME inventory, and many insurance contracts, the combination of both entities provides the opportunity for sales in other branches of an organization with many stores, to enhance their profitability.  OEM Potential for a 5000 store Drug Store Chain translates to an approximate $13,000,000 Adjusted Gross Profit when one user per location purchases one unit per month for 12 months through Medicare or Private Insurance. [Details on request.]

Other important considerations regarding the Medical Device:

  • FDA Class 1 Exempt Product, Accredited ACHC
  • All criteria met for Medicare, Medi-Cal, and Private Insurance applications.
  • Medicare-approved billing code A4326 and Medicare Listed Manufacturer
  • Medical Device is covered by Product Liability Insurance
  • Minimum production run re-order 100,000 units @ approximately $2.75 each
  • Sale to include: Production Molds: $400,000, Goodwill, IP & Licenses.
  • Seller to receive 6% royalty per device.

For more information, please visit Bizex.net to complete the Buyer Registration & N.D.A. Contact: Tom Plotkin - tplotkin@bizex.net - Lic#: 01895229

 

 

 

 

 

 

Tom Plotkin
Email: tplotkin@bizex.net
Office: (310) 882-2200 ext 127
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker/tom-plotkin

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Tom Plotkin

4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (310) 882-2200 ext 127
Direct: (818) 585-4215
Lic#: 01895229

Contact
Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations