Medicaid Home Aid Agency

Business Summary

Owner retiring after many successful years in this industry. New Jersey State licensed accredited and Medicaid approved Home Care Agency providing quality care and assistance to elderly, disabled and patients recovering from illness or surgery. The agency has available 90 home health aides and three internal employees in order to properly service its clients. The experienced staff of Home Health Aides and Registered Professional nurses assist clients with physical and emotional support in the convenience of their home. This company collaborates with a variety of healthcare professionals to ensure the highest quality of service. Their Home Health Aides assist patients with all basic services including physical exercises, light housekeeping and more. Their aides facilitate activities of daily living under the supervision of a Registered Professional Nurse and all caregivers are bonded and insured. An individual plan of care is designed for the patient by a New Jersey licensed Registered Professional Nurse (R.N.) based on medical assessment and patients need. The Plan of Care addresses medical, physical, social and emotional aspects of patients needs. The company accepts private payment, long-term insurance, most private insurances and Medicaid. In addition, this home care agency participates in a variety of programs. In order to maintain the highest standard of care possible the company consistently demonstrates full compliance with New Jersey State regulations and the staff undergo State and Federal screening, fingerprinting that includes reference verification and skill evaluation. The sale include NJ State license to conduct business, Medicaid approval, various computers, software for this industry, accounting software, training equipment, required furniture for various offices to conduct the daily operation, etc.

Financials


Asking Price Range:  $500K – $1.0M

Gross Revenues:  

$895,080

Cash Flow:  

$174,742

Cash Flow Type:  EBITDA

Inventory:  45000 Equipment & 1500 Inventory

Seller Financing:  Yes

About The Business


Year Established:  2002

Number of Employees:  4 – 5

Relocatable:  No

Franchise:  No

Current Real Estate:  Leased

Property:  Property For Lease

About The Sale


Management Training and Support:  The owner will remain post closing and supply an appropriate transitional period.
Reason For Selling:  Owner retiring after many years of success in this personal service industry.

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Print Listing Id: 700234540
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Posted by: philco on