Home Health Care
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2233315
Net Profit / Cash Flow $434819
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 10 - 19
Inventory 15000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training 2 weeks at 40 hours per week.
Reason for Sale Other interests.
Description Well established, profitable, 4 years in the medical home health industry, this home health care agency located in los angeles county, in operation since 2005. Certified by the California Department of Health, and accredited by the joint commission. Last JCO certification was done in September of 2008 and passed with no deficiencies, no denials, no z codes, no Medicare or trust solutions investigations. In 2007-2008 this agency was ranked ''top 500 home health care elite agencies in the usa''. All previous adrs are paid. Owners are working and getting ongoing referrals from hospitals, trauma centers, and 200 private medical practices. As of now sensus is around 80-90 patients, physical therapist, occupational therapists, speech therapists, medical social worker services, home health aides are offering their help to home bound patients. Medicare provider number, private insurances billed. Clean records, according to 2008 p&l, gross revenue was $2,242,604 and recasted cash flow $ 464,285. D.O.N will stay up to 6-8 moths to help with the transition period in 2009 first 2 quarters show $1.6m gross receipts. Financial statements, charts, etc will be gladly presented to qualified buyers during due diligence. Proof of funds is required.
Seller is motivated. I also represent other medical and non medical home health agencies, certified by jco, new dhs licenses and medicare provider numbers within different price ranges from $150,000 to $2,000,000. Email or call Alex Levitan, Sunbelt Broker at (818) 640-8080 for more information on this Home Health Care business for sale.
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