
WELL-ESTABLISHED DURABLE MEDICAL EQUIPMENT COMPANY WITH A 50+ YEAR LEGACY
( Healthcare, Home Healthcare, Healthcare Equipment & Supplies, Durable Medical Equipment)
Fairfield, CT
Listed Price: $ 1,500,000
Listing ID: CCT3330101
Listing DetailsGross Revenue: $ 1,284,209
Cash Flow: $ 324,468
FFE: $ 350,000
Inventory: $ 121,000
Form of Ownership: S Corp
Terms and Conditions: Negotiable
Reason for Sale:
Owner is Retiring.
Training & Support:
Complete Support and Training will be provided.
Listing SummaryBusiness Description:
LOCATED IN A THRIVING UPSCALE SUBURBAN COMMUNITY; THIS HIGHLY REPUTABLE DURABLE MEDICAL EQUIPMENT (DME) COMPANY HAS BEEN SERVING ITS CLIENTELE FOR OVER FIVE DECADES. Accredited by the Healthcare Quality Association on Accreditation (HQAA), the company stands as a trusted provider of essential medical equipment and services. Its unique combination of a physical showroom and a robust online presence offers customers unparalleled convenience through a comprehensive product catalog and rental options.
Key Business Highlights:
- Accreditations & Qualifications:
- Licensed by Medicare
- Fully compliant with all Medicare Supplier Standards
- Member of The VGM Group, the nation’s leading DME industry support organization
- Associates complete 9 hours of continuing education annually, ensuring up-to-date knowledge and skills
- Employees boast an impressive average of 26 years of experience, reflecting exceptional expertise and dedication
- Expert Guidance: Home medical specialists provide personalized assistance to ensure clients select the most appropriate home healthcare products.
- Flexible Rental Options: Customers can choose from short-term or long-term rentals for various medical equipment needs.
- Comprehensive Product Catalog: The company offers an extensive selection of DME products, including:
- Assistive Devices & Aids for Daily Living (e.g., bed assist devices, dressing aids, medication management tools)
- Mobility Solutions (e.g., wheelchairs, walkers, power wheelchairs, and ramps)
- Home Care Essentials (e.g., hospital beds, patient lifts, incontinence supplies)
- Specialized Equipment (e.g., bariatric equipment, orthopedic braces, and wound care products)
- Respiratory and Rehabilitation Tools
- PPE & Disinfectant Supplies
Exceptional Services Offered:
- 24-Hour Emergency Assistance
- Pick-Up, Delivery, Setup, and Training
- In-Home & Workplace Accessibility Evaluations
- Labor & Warranty Repairs by certified technicians
Growth Opportunities:
- Expand Online Marketing: Enhance digital advertising campaigns to drive online sales and rental revenue.
- Broaden Service Area: Offer delivery and setup services to a wider geographic region.
- Develop B2B Relationships: Partner with healthcare facilities, senior living centers, and rehabilitation clinics to secure recurring contracts.
- Launch Subscription Models: Provide subscription-based plans for consumables like incontinence supplies or PPE.
Additional Business Strengths:
- Long-standing reputation for excellent customer service and product reliability.
- Diverse revenue streams from product sales, rentals, and repair services.
- High customer loyalty within an affluent community with consistent demand for home healthcare solutions.
This turn-key opportunity is ideal for a buyer seeking to step into a stable, profitable business in the thriving healthcare industry.
Historical Summary:
With over 50 years of experience, this company has become a cornerstone in the local community, serving generations of customers with compassion, expertise, and unwavering commitment. From its inception, the company has been guided by a singular mission: to improve the quality of life for individuals and families through high-quality products and exceptional service.
Founded on the core values of helping people achieve better health outcomes, the company has built lasting relationships with its customers by providing friendly and responsive care. Whether assisting someone in recovering from an illness, adapting to new physical challenges, or supporting their journey toward wellness, the team consistently ensures that every customer—and their loved ones—receive the high-quality products they deserve.
As a pioneer in the durable medical equipment (DME) space, the company has stayed at the forefront of the industry, combining time-honored values with innovation. It has successfully adapted to the evolving needs of its community by expanding its product lines, introducing a robust online catalog, and maintaining accreditation and licenses to meet the highest industry standards.
Mission Statement
The company’s mission is clear and steadfast:
To provide the highest quality products and services in a timely manner, to aid individuals in recuperating and maintaining their quality of life, and to safeguard the resources used to obtain them.
This enduring mission reflects the company’s dedication not only to its customers but also to the broader healthcare community it serves. By blending compassion, expertise, and a deep understanding of its clients’ needs, the company has earned its reputation as a trusted partner in health and wellness solutions.
Owner Qualifications:
Some prior business experience is a plus.
Competition:
Limited
Potential Growth:
Unlimited
Financing/Terms:
Negotiable
LocationLease Expire: 0000-00-00
Option: Yes
Lease Security: 7000
Monthly Rent: $ 3,500
Square Footage: 2000
Type of Location: Commercial
Facilities:
Storefront shop located on Main St. First Floor is a 2,000' showroom and their is a basement for storage.
OperationYear Established: 1972
Days & Hours of Operation: Mon – Thurs 9 AM – 5 PM / Friday 9 AM - 4 PM
Owner Hours: 40
Employees: 8
Managers: 2
Absentee Owner: No