Business Summary:
LISTING ID # 35736Long Established (22 years) Medicare and Medicaid approved vendor of Durable Medical Supplies (DME) business. Corner location on high traffic location. Approved for a broad supply of DME products including mobility (wheelchairs, rollators, walkers, etc.), glucose supplies, mastectomy, compression garments, wound care, canes, crutches, hospital beds, Hoyer lifts, off the shelf bracing, etc. Offers basically everything Medicare allows except for bracing and O2 which owners supplies through Medicaid. 150 patients using incontinent supplies. Licensed in all New Jersey counties. Drop ships through major online retailers. Medicare accreditation and contracts from Medicaid and Blue Cross/Shield. HMOs like Horizon, NJ Health Medicaid, Aetna Better Health Medicaid, WellCare Medicaid. Also, private pay clients. Other providers without these HMOs bill through this seller for a fee (Integra model). Insurance panel approvals are very difficult to get. Consistent referrals from adult days cares (4-5), assisted living facilities, rehabilitation facilities, orthopedists, podiatrists & other doctor offices. Opportunity to scale the business. There is little active marketing by husband-and-wife owners. The website is one page with no click through pages. Opportunity for a new active owner operator to offer all supplies that the company is licensed to sell and open new accounts. 9 DME items out on monthly rental for regular recurring revenue.- can be expanded. Second office location can be closed and add at least $40k to bottom line in rent and other overhead savings. Proof of funds and DME is required for the name and location and a call or meeting with the owner. No financials until due diligence. No bank financing. Contact broker Joseph Stansky at 631-383-3109 for more details. Will not last.In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at [email protected] or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-35736 for instant access to this business information.
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