Durable Medical Equipment

This North Carolina based Durable Medical Equipment rental business is available with 25% down and 10 year terms.
This very profitable durable medical equipment business leases and services a specialty product for long term care to nursing homes, hospices and private individuals in the Carolinas. Currently, they serve 6 counties in the Carolinas, providing full service, maintenance and initial set-up of their product. Their client base has been built solely upon referrals and their solid reputation for outstanding service over the past 10+ years they have been in business. The business is private pay only, with no third party pay (insurance companies, government programs, Medicare or Medicaid) accepted. Private pay benefits the business in the lower amount of paperwork and in accounts receivable. Billing cycles are currently every 30 days. Opportunities for growth exist with developing a sales and marketing strategy and expanding service into more regions of the Carolinas. Contact John Arrup at (704) 409-1879 or jarrup@vrcharlotte.com to find out more about this business for sale.
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Listing Price: $650,000
Down Payment: $185,00 with 5.75% for 10 years
Revenues: $287,461
Adjusted Cash Flow: $191,645
Name: John Arrup
Office: VR Business Sales, Mergers & Acquisitions Charlotte
Phone: 704-409-1879
E-mail: jarrup@vrcharlotte.com
VR Business Sales, Mergers & Acquisitions of Charlotte, NC has just completed the business sale of Elite Maintenance Services , a facility maintenance company providing …
"On behalf of myself and my two partners, I would like to take this opportunity to personally thank VR Business Sales, Mergers & Acquisitions Charlotte for selling our business. From our initial meeting and the finalization of the deal, VR Charlotte was there for us. I believe the guidance I received from Brad Offerdahl and VR Charlotte throughout this process made it possible for us and the buyer to consummate this deal."