Aug 16, 2019 — MIDME1E - $2.5 Million Full-Service DME Company for sale in Southeast Michigan.
A 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.