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Nurse Staffing Company For Sale
Location Louisiana,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3700000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 50 - 99
Inventory 35000
Relocatable No
Number of Employees 50 - 99
Real Estate Owned
Training Available.
Reason for Sale Other business interest.
Description 4 year old nurse staffing company provides private duty nurses to an area covering approximately 100 miles in Louisiana. Company carries with it an excellent reputation and large referral base with about 5 10 referrals per week. Business currently employs about 120 private duty nurses, mostly full time and LPNNs (Licensed Pediatric Nurses). Business bills approximately 2,000 to 2,200 hours of care per week, and presently services approximately 100 clients. There is an immense opportunity for growth, as the business is currently turning patients down. A new, motivated owner can continue growth increasing revenue. There is no website or current marketing, making potential even greater. Gross revenue is estimated to reach $4million for the year 2011.
Business occupies a building measuring approximately 1,450 sq ft which presents well and was recently appraised for $150,000. Real estate can be purchased for additional funds. Company is located in a serene and pleasant community in South Louisiana.
Seller has other business interests and can no longer devote the time necessary to see the company experience the growth it is poised to achieve. Seller is willing to stay on board if needed and will train the new owner and transition the business accordingly. Come see the business, meet the owner, make offer.
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