Company Overview

PRIME exits and American HealthCare Capital are pleased to exclusively introduce a Hospice DME company for sale in Houston, Texas. The company is ACHC accredited and Medicare certified. Their primary focus is per diem rental of DME equipment to major hospice agencies throughout the greater Houston area.

At present, the company is contracted with over 105 hospice agencies serving more than 950 patients. Much of their success can be attributed to the company’s team of excellent staff and technicians, as well as the remarkable quality of their equipment. Additionally, the company has developed a proprietary software that gives customers easy access to inventory tracking, ordering, dispatch, invoicing, and marketing.

Financial Overview

The business has grown quickly since its inception, even in 2020, despite the pandemic. Gross revenues were nearly $1.2 million in 2021, increased to $1.5 million in 2022, and exceeded $1.85 million in 2023. Based on 2024 Q1 results, the company is on pace to surpass $2 million in 2024 with an adjusted EBITDA of more than $350,000.

Staff Overview

The staff is expected to stay on under new ownership. The owners are minimally involved in the daily operations but are open to assisting during a short transitional period.

Asking Price

The asking price for this opportunity is $2.5 million, which includes the business opportunity, proprietary software, and full stock of inventory with an approximate replacement cost of $1 million.