Profitable DME Business Poised for Rapid Growth
Business Description
Great strategic opportunity with an established durable medical equipment supplier serving the growing Central Florida market. Founded in 2002 by its current owner, the business has built a solid reputation serving patients with respiratory therapy needs along with select durable medical equipment across the region. Recent growth and profit improvement are a result of a strategic plan implemented over the last 2 years. Trailing twelve-month revenue is over $900,000.
The business specializes in respiratory products and maintains strong relationships with healthcare providers while serving direct-pay customers through multiple channels. With over two decades of operational history, the company has developed established supplier relationships and customer service protocols that include comprehensive support services. The current owner has built systems and positioned the business for continued growth under new ownership and is will to stay on in a negotiable supportive role.
The business specializes in respiratory products and maintains strong relationships with healthcare providers while serving direct-pay customers through multiple channels. With over two decades of operational history, the company has developed established supplier relationships and customer service protocols that include comprehensive support services. The current owner has built systems and positioned the business for continued growth under new ownership and is will to stay on in a negotiable supportive role.
About the Business
- Years in Operation
- 23
- Employees
- 7
- Facilities & Assets
- Business operates out of a modern 3,200 sq ft building located in a professional center. near high traffic retail centers. Owner owns building and will lease back at competitive rate. Location supports substantial amount of walk-in sales.
- Market Outlook / Competition
- Primary competition are pharmacies providing similar products and services although many are also a referral source for specialized respiratory products they do not carry. Lincare is a national provider with a local presence. This company's advantage is their specialization in respiratory products and personalized customer care.
- Opportunities for Growth
- Business is located in Florida one of the top 10 fastest growing cities in the US. Florida has a high retirement population, which is a key industry driver. Current business has no social media presence. Great opportunity for experienced DME owner to grow business with more aggressive marketing and expanded products and services such as subscription programs.
Favorable Demographics - Global demographic changes favor the medical device industry as the aging population grows so much faster than in the past.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,200
About the Sale
- Seller Motivation
- Owner retiring.
- Transition Support
- Will train for 4 weeks @ $0 cost.
Listing Info
- ID
- 2393454
- Listing Views
- 282
Listing ID: 2393454 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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