No photo available
Company is a third generation distributor of pharmaceuticals medical equipment and supplies. It was founded in 1945 by the owning family and is currently being run by the third generation with the second generation part of the operating management team = 75+ years company’s customers include hospitals, hospital groups and associations, medical groups and practices.
It is a complete supply source with over 6,000 items including pharmaceuticals, disposable products, laboratory equipment and devices rehabilitation devices and durable medical equipment.
The company carries the latest products and handles over 500 manufacturers. It is early to notice trends and quickly moved on PPE (Personal Protective Equipment) to build inventory and fulfil all orders.
Its experienced representatives are trained to help with orders, product selection and optimum order choices. It also assists in customer inventory planning. Representatives are trained to help choose the right products to optimize customer budget considerations including design and office planning. It also has a competitive advantage from product exclusivity in the local territory. It is part of an extensive, proprietary, medical supply buying group.
Between Fiscal year 2018-2020, annual gross receipts increased by 74%, gross profit by 45% and taxable income 70%.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.