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$1.9 Million Revenue DME & Medical Supply Company in Central Michigan

Listing Code:

MIDME1F

State:

Michigan

Category:

DME & HME

Asking Price:

$1,900,000

Revenue:

$1,900,000

MIDME1F
Company Overview American HealthCare Capital is pleased to introduce a DME and Medical Supply company for sale in Central Michigan. The company has been in business for over 20 years providing manual wheelchairs, power wheelchairs, hospital beds and supplies, patient aids, respiratory equipment, and more. They serve a 17-county area. Financial Overview The company accepts numerous insurances. Their current payer mix is 40% Medicare, 40% Blue Cross PPO, and 20% other insurance. The company has seen significant, steady growth over the past few years. They grossed $773,994 in 2020, $1,119,993 in 2021, and $1,549,604 in 2022 with an adjusted EBITDA of $209,000. The gross revenue for 2023 was $1,921,749 with an adjusted EBITDA of $546,431. Staff Overview The staff is expected to stay on under new ownership, but the owner would like to pursue other ventures. Asking Price The asking price for this opportunity is $1.9 million plus the cost of unused inventory.

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Listing Code:

MIDME1F

Listing Title:

$1.9 Million Revenue DME & Medical Supply Company in Central Michigan

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Contact the Team

Jack Eskenazi President American Healthcare Capital

Jack Eskenazi

President/Founder

American HealthCare Capital

Dr. Allen Nazeri DDS MBA.jpg

Dr. Allen Nazeri 

Managing Partner

PRIME exits

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