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Oct 10, 2018 — $2.5 Million Full Service DME Company for sale in Southeast Michigan.
The company has 2 retail locations, as well as an online store. This well-established company is HQAA accredited and has a great reputation for quality products and services within the community. Their service area encompasses an 8 county area.
The company’s payer mix is 50% Medicare, 35% United Healthcare, 10% other private insurance, and 5% Retail. Gross revenues have increased over the years, exceeding $2.5 Million in 2017. Based on the first half of the year, they are currently on track to do about the same in 2018. The company has a diverse set of referral sources with a steady stream of new and repeat business that a new owner could build upon.
The seller would like to pursue other interests but is available for a transitional period if needed. The rest of the staff is expected to stay. The asking price for this opportunity is $1.6 Million, plus the cost of sealed inventory.