New Jersey Medical and Surgical Distributor
For Sale in NJ
Financial & Assets Details
About the Business
All Buyers - Individual(s) or Corporation(s)
Must Provide Resume(s), Proof of Net-Worth, and/or Revenues, Proof of Funds to make the Purchase, and Purchase Plan.
All Buyers are Introduced to the Seller based on the Buyer submission of Information. Approval Granted by the Seller, to the Buyer to Review the Offering Book in Detail.
It is expressed that American Healthcare Capital Does NOT Advise Sellers or Buyers to engage another party with no experience in the Healthcare Industry and/or other industry; and rejects potential sellers or buyers based on lack of industry knowledge a factor in qualification of any seller and/or buyer engagement.
QUALIFIES FOR SBA FINANCING INQUIRE
Growth & Expansion
The company’s customer class mix consist of 38% Alternate Site, 23% Homecare, 23% Long Term Care, 13% Hospital, and 4% Wholesale. Company revenues for the past four years have been between $3.1 Million and $3.4 Million. Revenues for FY 2017 (Ended June 30) were $3,100,000. Adjusted EBITDA for FY 2017 was approximately $589,000. The company has several thousand active customers. The company has a customer base of several thousand active customers. This business is very scalable. Growth opportunities exist by implementing a marketing plan to take advantage of the Company’s excellent reputation and customer service, both to increase market penetration in other parts of New Jersey as well as to expand its market reach to other areas.
I am pleased to introduce a medical distributor of surgical, medical supplies and equipment that is for sale in New Jersey. The company has been family owned and operated for more than 70 years. The company serves as a one-stop source providing a wide range of products directly to physicians, professionals, healthcare facilities, medical students and patients for home care use. Their service area covers the entire state of New Jersey.
Support & Training
The staff is expected to stay on under new ownership and the owner is willing to assist during a transitional period. The asking price for this opportunity including the cost of any sealed inventory is $2,850,000.