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
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.
