Listing ID: 77592
Confidential Information Memorandum (CIM) available upon receipt of our short online NDA – visit here: https://pronovapartners.com/engagement/socal-dme-ptan-accredited-company-for-sale/
We are representing a Durable Medical Equipment (aka DME) Company that is offering blood glucose monitoring systems and assistive braces – Provider Transaction Access Number (aka PTAN) accredited.
Bullet points on the Company:
• PTAN number accredited
• Approved to offer higher tier monitor to a relatively new to marketplace
• As a relatively new market marketplace is proverbially “untapped” at this point in time
• High growth marketplace with insanely high profit margin and will remain very high with scale and CAP-EX (aka investment in infrastructure and tech for assisting operations)
• Customer lists and cross selling opportunities within the Company or for an existing Company in the space
• Approved for brace sales (no attempt from the Company up to this point in time to tap into this market)
• Very easily relocatable business model
• NO DEBT
The Company has been receiving nothing short rave reviews for their services as a Company and in their approach to offer patients this upper tier alternative and in virtually every occasion at no cost to the patient or the Doctor’s office – very solid business plan and approach (only needing scale at this point in time).
NDA is required ‘LINK ABOVE} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
- Asking Price: $850,000
- Cash Flow: $320,000
- Gross Revenue: $340,000
- EBITDA: N/A
- FF&E: $10,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
Yes – very easily relocatable NOT home based
Opportunities that preceded this business – strong opportunity for new Owner
Abundant growth opportunities, very strong potential for growth.
The company was started in 2018, making the business 4 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals resolve to sell operating businesses. Nonetheless, the true reason and the one they say to you might be 2 completely different things. As an example, they might say "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might just be excuses to attempt to conceal the reality of transforming demographics, increased competition, current reduction in earnings, or a range of other factors. This is why it is really important that you not rely absolutely on a seller's word, but instead, use the seller's response along with your overall due diligence. This will paint a more sensible image of the business's present situation.
Existing Debts and Future Obligations
If the current company is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous operating businesses finance loans with the purpose of covering things like stock, payroll, accounts payable, etc. Keep in mind that sometimes this can imply that profit margins are too thin. Lots of organisations fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that should be fulfilled or might lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area bring in new consumers? Most times, companies have repeat customers, which form the core of their daily profits. Certain factors such as new competition growing up around the location, road building, and staff turnover can affect repeat consumers as well as adversely affect future incomes. One vital point to consider is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the higher the possibility to develop a returning client base. A last thought is the basic location demographics. Is the business located in a largely populated city, or is it located on the outside border of town? How might the local typical house income influence future revenue prospects?