Make Offers - Medicaid Home Health Care Agency
Location New Jersey,United States
Asking Price Range $250K - $500K
Gross Revenues $800000
Net Profit / Cash Flow $250000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes
Reason for Sale Personal
Description Accredited Medicaid certified Home Care Agency with Nursing and Home Aides, Medicaid # since 2006 (launched by LicensePro LLC). Main branch in Bergen, has the following 5 counties for service: Hudson, Passaic, Inglewood, Morrison, Union (with potential for adding more if need be.) Fluctuates between 70-90 cases, has a gross of ~ 800,000 a little over half of which is through Medicaid, rest is private and other insurance.
Strategically located next to a Sub acute Rehab Facility. Existing staff including DON is available for remaining with Agency at competitive compensation rate. Seller is also owner of a staffing company. Asking $500,000, price is negotiable.
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