400K Net Absentee-Owner DME Business in California

Established 28 years, this fully licensed and accredited Durable Medical Equipment (DME) provider has built a long-standing reputation serving patients across California. The company supplies equipment designed to improve mobility, comfort, and quality of life, and has also developed proprietary, patented products that have received international recognition and awards.
The current owner acquired the business in 2023 and operates it absentee, with day-to-day operations handled by an experienced team.
List of insurance companies this DME is contracted with:
-Medicare
-Medi-Cal
-Anthem
-Blue shield of CA
-Tri-Counties
-CCS
-Gold Coast
-Seaview IPA
-Valley IPA
-Clinicas
Employees: 6 FT, 1 PT, monthly payroll $26,000
Lease: $10,000/month, Facility Size: about 4,300 sq. ft. Exp.: March 2028
Monthly Gross Income: $135,000
Monthly Net Income: $35,000
TTM Net Income: $400,000
Price: $1,500,000 (seller open to carry up to 500K note)

Well-established infrastructure supports continued absentee ownership or smooth transition to an operator-owner.
Reason for sale: Owner is pursuing another investment and seeks liquidity.