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Home Medical Equipment Lease and Sales Services

This Home Medical Equipment Sales, Medical Equipment Rental, Medical Equipment Maintenance and Repairs, and ancillary supplies business was founded in 1998. The Company is accredited by the ACHC. Through the first seven months of 2009 this business is on financial performance pace to achieve at least $550,000 in revenue with an adjusted EBITDA margin of $334,718. This outstanding financial performance is based in part because of it location in a small Southwest Georgia City with little competition. The company’s has a reputation of outstanding service and its mission is to be the first choice of patients and customers for their homecare medical needs. The company accomplishes this by: 1) Exceeding customers’ expectations; 2) Demonstrating high clinical standards and compassion in patient care; 3) Being responsible and flexible. The company offers a comprehensive range of home respiratory therapy, medical supplies and aids, medications and sales, rental and repair of home medical equipment. The company is committed to full-service homecare for its patients and referral sources. The owner of this business owns the facility (building and land) with 16,370 square feet. The building is subdivided into three separate units. The business occupies a unit with 6,970 square feet and is available to be leased long-term for $41,000 per year. The seller of the business is amendable to the Buyer to purchase the building and land at the appraised value. If the building would not be purchased, but leased there would be approximately $47,000 of rental income reduced from the cash flow. The rental units are 5,000 square feet and 4,400 square feet respectively. One of the Units is currently lease to a Family Practice Physician.