State:
Not Disclosed
Category:
DME & HME
Asking Price:
$500,000
Revenue:
$2,200,000
Company Overview
PRIME exits and American HealthCare Capital are pleased to introduce a 100% Digital DME and Medical Supply company for sale. The company specializes in selling Incontinence Supplies and is known for its excellent service. Currently, they distribute solely through Walmart where they have secured a prime contract with favorable pricing and shipping costs. Walmart sells their products throughout the US.
Financial Overview
This company started in 2020, and by the end of the first year, they grossed $215,100 in revenue with $55,640 in net profit. In 2021, Gross Revenues were $1,609,401 and net profit more than doubled to $121,731. In 2022, gross revenues were $2,056,116 with a net income of $131,890. They exceeded $2.2 million in 2023 with a net profit of $255,299 and expect to do the same or better in 2024
Staff Overview
Growth opportunities are limitless. With more staff, the company could easily take on new customers which would be obtained by acquiring contracts with additional mega-sites Amazon and eBay. Additional product lines could be added as well.
Asking Price
The asking price for this opportunity, which includes introductions to connections and an action plan for growth, is $500,000. The seller is highly motivated and open to negotiation with a serious buyer who can move quickly.
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