333K Net Absentee-Owner DME Business in California - Business for Sale
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Absentee-Owner Durable Medical Equipment Provider in California
CA, US
Added 2 months ago
Durable Medical Equipment Provider
30 years in business
Absentee / Semi-Absentee
This California-based durable medical equipment (DME) provider, established for 30 years, supplies mobility and comfort equipment, holds multiple insurance contracts, and operates with an absentee owner and experienced staff.
Key Information
Asking
$1.4M
Revenue
$1.1M
Earnings
$333K
Multiple
4.2x
Key Highlights
- Business has been established for 30 years
- TTM net income is $400,000
- Monthly gross income is $135,000; monthly net income is $35,000
- Business operates with 6 full-time and 1 part-time employees; monthly payroll is $26,000
- The business is a fully licensed and accredited Durable Medical Equipment (DME) provider contracted with Medicare, Medi-Cal, Anthem, Blue Shield of CA, Tri-Counties, CCS, Gold Coast, Seaview IPA, Valley IPA, and Clinicas
- Facility lease is $10,000/month for approximately 4,300 sq. ft., expiring March 2028
- Current owner acquired the business in 2023 and operates it absentee
Contact Info
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