Selling a DME Business in Delaware
Working with KKBA you increase the chances of selling your small or large business faster than with any other brokers. It is the goal of every one of our professionals to help you realize your entrepreneurial dreams. We are the premier brokers for selling DME businesses.
KKBA enjoys an unheard-of -in-the-industry 100% success rate selling DME companies. It is the perfect time to sell your DME business and here’s why:
- It’s a seller’s market. The sale prices for DME businesses are at a 10 year high!
- DME businesses are financeable unlike more other small businesses
- Depending on your circumstances, tax minimization opportunities exist for DME business sellers.
Despite a perfectly aligned seller’s market, it’s risky to try to sell your DME business yourself. Quite frankly, the deck is stacked against you by the buyers because they employ top-notch business and finance experts, mostly MBA’s, to find and negotiate these deals for them. Going into these negotiations without knowing who they are, what their value drivers are and how they are incentivised is foolish. Let KKBA, your advocate, get you the best possible price for your business in the shortest period of time, under the best possible terms and conditions.
DME Owners Beware:
A recent industry survey conducted every two years by Business Brokerage Press showed that many brokers around the country have raised their brokerage fees to 12%. The report also shows that a good number of brokers have gone past that charging 15% with upfront fees and monthly advertising fees. KKBA works on a performance basis, if we don’t get your DME sold – YOU PAY US NOTHING!
If you are considering selling your DME, Durable Medical Equipment, business in Delaware? KKBA will take the hustle and hassle out of the sale. We have a team of seasoned Business Brokers with the expertise to help you sell your DME business.
A precautionary note about DME licensing provided by our friends at LicenseLogix:
DME suppliers are governed by stringent federal and state laws, particularly those that participate in the Medicare/Medicaid program. Initially, if a license is determined to be required, a DME company must obtain an “in-state” or a “resident” license. This generally requires an extensive application, varying fees, proof of insurance, and an inspection, which is usually scheduled upon approval of the application. If the company wishes to expand into another state, it must obtain an “out-of-state” or a “non-resident” license in that state. This process is more of the same, but also may require verification that the business currently holds a resident license (or proof that a license is not required) in the home state.
DME providers include DME companies, home health agencies, physicians, and other practitioners. The fact that you are a licensed home health agency or physician/practitioner does not exempt you from DME licensure. The State Board of Pharmacy of Department of Health generally issues licenses.
Our Track Record
If you are ready to sell a business contact or call (888-565-6468) the professional business brokers at King & King Business Advisors!
If you would like more state specific information about how Delaware deals with DME licensing please go to their website State of Delaware DME licensing.