Description of the business for sale
Executive Summary HOME MEDICAL EQUIPMENT AND SUPPLIES company located in north central Mississippi area provides durable medical equipment ('DME') sales and rentals and sales of medical supplies in the rapidly growing HOME HEALTHCARE MARKET. This industry is anticipating sustained growth as the population ages and the demand for home medical care increases. Located in a pleasant historic Southern city where new industries, population growth and demographics bode well for CONTINUED ACCELERATION of demand for products and services of this business. Established in late 2001, owners have grown net revenues since 2002 at a 24.2%
COMPOUNDED ANNUAL GROWTH RATE through 2007. For the year ending December 31, 2007, net sales were approx. $1,427,000 and Sellers Discretionary Earnings ('SDE') approximated $524,000. Consistent revenue and earnings growth accomplished through outstanding customer service, increasing demand for product and service offerings, efficient business operations and centrally-located facility. Owners believe surrounding market areas are yet UNDERSERVED. Business continues to explore complementing staff and homecare product and service offerings to meet demand, expand market penetration and accelerate revenue and earnings.
SUPERIOR UPSIDE POTENTIAL and a SUPERLATIVE STRATEGIC ACQUISITION CANDIDATE !
Qualified buyers only: confidentiality/non-disclosure agreement and financial representations required.
Description of the facilities
OUTSTANDING LOCATION situated on a main thoroughfare with additional quiet side-street entrance provides convenient access for seniors and handicapped. (Building is not included in Company or sale, but owners are willing to structure a competitive lease for buyer).
ADDITIONAL FINANCIAL INFORMATION
•Financing: UP TO 85% SBA FINANCING MAY BE AVAILABLE FOR QUALIFIED BUYER!!!
•Inventory: $70,000
•FF&E: $150,000