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Home Healthcare Services

Location  New York,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $3628525
Net Profit / Cash Flow  $510454
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1986
Number of Employees  10 - 19
Inventory  28000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Franchisor will provide
Reason for Sale  Distance from home base
Description  Well established very profitable medical staffing and home care franchise available in northern New York State due to owner wanting to handle territories closer to his base location in another state. The franchise license will allow the buyer to market in 5 New York counties. Approximately half of the revenues generated by the New York division are paid for by Medicaid and the balance of revenues come from Private Pay patients, staffing and other insurance coverage. The Company is also licensed by the State of New York as a Home Care Agency. In addition to the New York Counties covered by the franchise agreement, New York State has authorized the Company to provide services in three additional counties. The services provided include home care nursing; IV,physical, occupational and speech therapy; hospice care and medical staffing to hospitals, prisons, schools, corporations, senior home care and other healthcare facilities. Projected revenues for 2012 are 3.7 million. An acquirer who focuses his time and energy in building the business should be able to increase revenues and cash flow significantly.
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