DME/HME Acute & Non Acute Medical Supply - Ventura

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Background

BizEx ID:BizEx1357-TP
General Location:So Cal, CA
Category: Medical Products & Supplies
Health, Medical & Dental
Years in Business:22
Under Present Owner:22
Hours of Operation:M-F 9-5:30, Sat 9-2
Owner Hours:Works Remotely
Training:2 weeks @ 20 hours
Organization Type:C-Corp
Lease Expiration:December 31, 2028
Lease Options:2 Five Year Renewal Options
Building Size:4300 SF
Employees:6
Reason for Sale:Modified Retirement - Will Consult & More

Financials

Asking Price:$1,495,000
Down Payment:Negotiable
Gross Sales:$1,416,830
Discretionary Cash Flow:$283,175
FF&E:$50,000
Inventory Included?No
Inventory:$125,000
Min. Operating Capital:
Real Estate Available?No
Rent:$9,000
Financing:Call

9/21 - 8/2022 9/20 - 8/2021 9/19 - 8/2020
Gross Sales $ 1,416,830 $ 1,289,858 $ 1,261,612
Gross Profit $ 872,068 $ 889,094 $ 825,309
Disc. Earnings $ 283,175 $ 269,143 $ 221,921

Pictures


Description

Great opportunity for a non-pharmacist and others to acquire a well-established DME/HME Medical Supply business licensed in California providing Acute and Non-Acute medical supplies.  For over 20 years the business was a licensed Pharmacy. As it has not dispensed medications in over 10 years, the owner recently retired the Pharmacy License.

The business is licensed by the California State Board of Pharmacy for HME/DME. In addition to the Pharmacist/Owner, there are currently 2 HME/DME licensees allowing the business to provide prescription products and devices without the need to have a Pharmacy license or Pharmacist on the premises. Although the business has many insurance contracts, approximately 75-80% of sales are Cash Sales.

The current owner works remotely and has full access to the computers and daily operations. The owner has decades of experience and will continue on as a Consultant as needed. The retirement of the Pharmacy license has not affected the business and can be reapplied for at any time. [On site there is a non-operating, separate, designated, Pharmacy space with a Class 100 Clean Room in place]

The DME/HME Medical Supply Acute and Non-Acute inventory includes an FDA-registered, in-market, patented male incontinence device with production molds.   A few inventory items are listed below:

  • Bathroom Safety - Hospital Beds - Walking-Folding Walkers - Wheelchairs - Scooters
  • Power Chairs - Canes & Crutches - Lift Chairs
  • Incontinence Device & Supplies - Ostomy Supplies - Nebulizers

For more information, please visit Bizex.net to complete the Buyer Registration & N.D.A. Contact: Tom Plotkin - tplotkin@bizex.net - Lic#: 01895229 - Telephone: 818.585.4215 Cell/Text

 

 

 

 


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Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.




Tom Plotkin
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 127
Direct: (818) 585-4215
Lic#: 01895229

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