This Claremont area durable medical equipment company is located in a busy shopping plaza. Due to the stellar location it attracts a significant number of walk-in customers. In addition to a wide range of orthopedic supplies, hospital beds, oxygen equipment, etc. The company is specializes in sale, lease, approval, and repair of rehabilitation chairs, and utilized proprietary FN Practice Management software.
This 1,400 square foot store leases for $1,960 per month. All of the business's furniture, fixtures and equipment will be included in the sale. Approximately $100,000 in inventory will be sold at cost at close, in addition to the asking price.
The business has the Depart of Health of California, The Joint Commission Accreditation, Medicare, Medi-Cal, provider numbers as well as Home Medical Device Retail License from Department of Health, Food & Drug Branch. They are also an approved vendor for Blue Cross, Blue Shield, Anthem Tricare. Inland Empire Health Plan will be added to the list shortly.
Due to its prime high visibility location, coupled with the significant number of accreditation, licenses and permits in place, this medical supply store does have significant barriers to entry that may dissuade new competition, thus providing it a competitive advantage over industry entrants.
The company was approached by Casa Colima Rehabilitation Facility to open a branch inside of the facility and is in the process of negotiating the terms. The company has ATP (Assistant Technical Professional) on staff to evaluate patients for approval for rehab chairs. This ATP is approved by Medicare, Quantum and additional rehab vendors.
Training: 4 Weeks at 20 hrs/wk