DME Professionals-King & King Business Advisors
Are you looking to sell your DME, Durable Medical Equipment, business in Alabama? If so, look no further. King & King Business Advisors, KKBA, can take the hassle out of the sale. We have a team of seasoned Brokers with the expertise to help you sell your DME business.
Selling a DME Business in Alabama
Working with KKBA will increase the chances of selling your DME business faster and for more money. It is the goal of every one of our people to help you realize your entrepreneurial dreams. KKBA utilizes a proven business selling process to ensure a sale is completed efficiently and successfully. We are the premier brokers for selling DME businesses.
Buying a Business in Alabama
KKBA has an unprecedented 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 sell your DME business alone. Many buyers hire top-notch business and finance experts to staff their acquisition/business development groups. Don’t go into negotiations alone, let KKBA get you the best possible price for your business in the shortest period of time, under the best possible terms and conditions. It is our goal to make the sale of your business run smoothly.
Our Track Record
A proven track record of hundreds of transactions makes KKBA your best ally when it comes to selling your DME. Our process starts with a written confidential business review that summarizes your company’s most salient attributes, such as history, operations, competition and financial performance. We will then work with you very closely to develop a pricing strategy that gives you the best possible opportunity to maximize the equity you have built over the years. We will handle all of the preparation involved with the sale of your DME including qualifying buyers and negotiating price, terms and structure of the deal.
If you are ready to sell contact or call (888-565-6468) the professional business brokers at KKBA!
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.
For Alabama specific information on licensing please consult their website at State of Alabama-Board of Home Medical Equipment.
Okay, since you have read this far you should be rewarded. If you are ready to sell and list your DME with us, be sure to mention that you saw this page and that you want a $1,500 credit on your account that will go towards your brokerage fee upon the successful sale of your DME business.