Texas Specialty Durable Medical Equipment Consumable Supplies Provider For Sale

Business description

Health Care - Specialty Durable Medical Equip. & Consumable Supplies
Specialty Durable Medical Equipment and Consumable Supplies provider - started in 1981 with the corporate offices residing in Texas. It has experienced exceptional revenue and ebitda increases each year, with invoices primarily paid through insurers, including group carriers, worker s compensation providers and Medicare. Their primary business has been in specialty pain relief/management sales, rental and service. Its core products are electrotherapy and rehabilitation products, related supplies, and their own private label line of electrotherapy products. The company, a class S Corporation, has taken a very proactive approach as to the way it serves the patient. It is one of a few companies that are in compliance with recently enacted CMS legislation and is FDA approved. The Company, with gross sales exceeding $10,000,000 and EBITDA exceeding $2,000,000 for the trailing 12 month period ending April 2010, has an experienced, long tenured management staff and customer service department in place, as well as sales/service representatives throughout the state. Also, very unique to this industry, the company enjoys substantial, ongoing, consumable supply revenue streams going out five to six years. With a successful, proprietary and scalable business model, they are primed for substantial, multi-state growth. The company is amenable to both strategic and financial buyers, and the owner is flexible regarding both short term and long term post transaction involvement, with the ultimate goal being retirement. Regarding acquisition value expectations, this transaction will be an open bid offering. Strong verifiable documentation of a buyer's ability to consummate this transaction will be required prior to the release of any confidential information regarding this company. if you have an interest and are a financially qualified buyer or a registered investor, please contact the exclusive intermediary.

Property information

Real Estate:

Lease

Location:

17,243 Square Feet of office space

Size in square feet:

17,243

Business Operation

Expansion potential:

Highly scalable business. Satellites can be opened in new territories inside the state of Texas and across the United State.

Competition / Market:

Minimal. This company has captured a niche segment and continues to gain market share at a tremendous rate.?

Reasons for selling:

Retirement

Employees:

43

Years established:

1981

Other information

Support & training:

180 days as needed or more.

Furniture / Fixtures value:

$312,000 (included in the asking price)

Inventory / Stock value:

$561,000 (included in the asking price)