Description
SOLD ‘Q3 2023
Medical Device Blood Glucose Co PTAN Accredited
Los Angeles, CA (Los Angeles County)
Seller Financing Available if the price and deal structure is right.
Asking Price: $700,000
Cash Flow: $320,000
Gross Revenue: $340,000
EBITDA: N/A
FF&E: $10,000
Inventory: N/A
Established: 2018
Employees: NA
Business Description:
We are representing a Durable Medical Equipment (aka DME) Company that is offering blood glucose monitoring systems and assistive braces – Provider Transaction Access Number (aka PTAN) accredited.
Bullet points on the Company:
• PTAN number accredited
• Approved to offer higher tier monitor to a relatively new to marketplace
• As a relatively new market marketplace is proverbially “untapped” at this point in time
• High growth marketplace with insanely high profit margin and will remain very high with scale and CAP-EX (aka investment in infrastructure and tech for assisting operations)
• Customer lists and cross selling opportunities within the Company or for an existing Company in the space
• Approved for brace sales (no attempt from the Company up to this point in time to tap into this market)
• Very easily relocatable business model
• NO DEBT
The Company has been receiving nothing short rave reviews for their services as a Company and in their approach to offer patients this upper tier alternative and in virtually every occasion at no cost to the patient or the
Doctor’s office – very solid business plan and approach (only needing scale at this point in time).
NDA required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners .
Detailed Information:
Facilities:
Yes – very easily relocatable NOT home based
Competition:
Absolutely
Growth & Expansion:
Abundant growth opportunities, very strong potential for growth.
Financing:
Depends on structure, minimal if any.
Support & Training:
As needed.
Reason for Selling:
Opportunities that preceded this business – strong opportunity for new Owner.