Tag: AZ Mediquip

PHOENIX – AZ MediQuip has received funding from private equity partner Gemini Investors to open new stores across the Southwest and make strategic acquisitions.  Mark Nicotera, who started AZ MediQuip in 2011 and has grown the company to four locations in the Phoenix area, will remain CEO.  “When I started this business, there was a deep need for not just a business to sell HME products, but to also offer complete home medical solutions,” he said. “Our...

SCOTTSDALE, Ariz. - AZ MediQuip recently moved its Scottsdale store one-quarter mile down the road, growing its showroom from 2,500 to 3,700 square feet, and its warehouse from 2,000 to a whopping 13,000 square feet.  “We were in an office building-type of structure and now we're right in the middle of a strip mall with a lot of big-box retailers,” said Mark Nicotera, owner. “The walk-by traffic has picked up tremendously.”That's not the only thing that's picked up. When...

SCOTTSDALE, Ariz. - Provider Mark Nicotera is fairly new to the HME industry and that's probably why he's not scared to turn his business upside down.Among the changes he has made in the past two years: a new location, a new company name and a new business structure to bump retail from 5% of his income to 50%.“It's been a wild and crazy ride,” said Nicotera, owner of AZ Mediquip, who bought his company two years ago after a career in retail and rentals. “We're trying to appeal to...