This well-established home health care agency has provided intermittent and skilled health care services to patients since 2000. Since inception, the Company has maintained continuous revenue growth year over year and competitive gross margins. Over 79% of the company’s revenue is generated from contracts with HMOs and insurance companies. Medicare is roughly 21% of revenue. The company receives between 50 and 60 weekly referrals. With an efficiently ran operation and experienced staff, the Company is well-positioned for immediate growth. The average monthly census runs 240-270.
Asking Price Range: $1.0M – $2.5M
Cash Flow Type: Sellers Discretionary Cash
Inventory: FF&E-$0; Inventory-$0
Seller Financing: Not Disclosed
About The Business
Year Established: 2000
Number of Employees: 10 – 19
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
About The Sale
Management Training and Support: 4 weeks @ 30 hrs per week; Seller will provide 4 weeks of transitional support and training as a part of purchase.
Reason For Selling: After decades of industry success, the owner is ready to retire early and focus on family. All other staff is expected to remain.
Print Listing Id: 700254627