Independent Medical Supply Company with Very Healthy Cash Flow
Independent Medical Supply Company with Very Healthy Cash Flow
  • Listing Number:
    100013
  • Listing categories:
    Medical Supply Company
  • City:
    Loris
  • State:
    South Carolina
  • Zip Code:
    29569
  • Asking Price:
    $500,000.00
  • Gross Revenue:
    $530,328.00
  • SDE / Cash Flow:
    $121,203.00
  • Business was established:
    2004
  • Number of Employees:
    4

Business Summary

This family-owned medical supply company is the leading supplier of top-quality home medical supplies for both geriatric and pediatric needs. Located in eastern South Carolina, the business is composed of caring and compassionate staff members whom their clients know and trust. The business offers free delivery of any supplies for utmost convenience, as well as technical support and medical equipment maintenance. The company is accredited by the Accreditation Commission for Health Careā„¢ (ACHC) and acquired a medical gases/legend devices permit from the North and South Carolina Boards of Pharmacy. It is also a member of the South Carolina Medical Equipment Services Association (SCMESA). The company is a provider with Medicare, South and North Carolina Medicaid, South and North Carolina Blue Cross and Blue Shield, Tri-Care, and other private insurance companies.

Facilities / Terms of lease

The facility that houses this business is a 1500 square foot building. Inside the building, there are four enclosed offices, a front showroom, a back room for storage, and two restrooms. The business has two side-street entrances, with ample parking on both sides, and additional parking in a back lot. The building is currently on a month to month lease.

Potential

The business could easily increase top and bottom profit by hiring a few more staff members to assist with the growing work load. Extending deliveries and services out to local surrounding communities, composed predominantly of retirees, could also increase revenue.

Competition

This business goes above and beyond to make things convenient and stress-free for their clients. The business offers free delivery of any supplies for utmost convenience, as well as technical support and medical equipment maintenance.

Reason for Selling

The business owners are ready to retire.

Support/Training

Currently, the business has 5 full-time employees. There is a licensed respiratory therapist on staff to assist with CPAP machines for clients with sleep apnea. There are also two delivery technicians who are trained in the installation of all equipment and oxygen tanks. The staff members agree to stay with the company through the transition into new ownership.

Detail

Highly-Favored Reputation, Repeat Business, and Very Healthy Cashflow are all attributes that make this business a very profitable endeavor for any interested acquirer!

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