Selling a DME Business in Wyoming
Working with KKBA you increase the chances of selling your business faster than with any other firm. It is the goal of every one of our professionals to help you realize your entrepreneurial dream of one day selling your business. 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:
- Prices are very strong, at a 10 year high!
- Available financing relieves sellers from having to finance the deals.
- The Tax Act of 2017 created some tax minimization opportunities that didn’t exist prior to its passage.
Even though the seller’s market might be an advantage for a seller it is still very risky to try to sell your DME business yourself. The deck is stacked against you by the buyers because they employ high powered business and legal 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 Wyoming? 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 KKBA!