Home Healthcare Agency / Private Homecare Agency
Location Georgia,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $3208909
Net Profit / Cash Flow $595202
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1999
Number of Employees > 200
Inventory 154000
Relocatable Not Disclosed
Number of Employees > 200
Real Estate Owned
Training Owner will stay for 30 Day period
Reason for Sale Retirement
Description Home Healthcare/Private Homecare Agency, Price $3,700,000: Private Homecare Agency established in 2000. Currently operating in GA, AL and TN. Primary payer is Medicaid with insurance and private pay making up less than 10% of revenues. Due to aging population the industry is experiencing rapid growth and will continue for the foreseeable future. Agency provides traditional in home care, skilled nursing and senior transitional consulting. With the passing of the Affordable Care Act all states will now have the opportunity to receive federal subsidies for Medicaid. This may allow an expansion of services and may increase patient base and expand allowances for in-home services and skilled nursing. This is an excellent opportunity for an existing private homecare/healthcare agency or high net worth buyer interested in the industry. Current owner spends a minimal amount of time in the business and has an experienced management team running the day to day operations
For more information about this business for sale, contact David Keene by email or by telephone at 678-277-9951 ext. 26.
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