Home Health Care
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $2760687
Net Profit / Cash Flow $543218
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2003
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours per week following close of escrow.
Reason for Sale Other interest.
Description Well established, profitable, 6 years in the medical home health industry. This home health care agency for sale is located in Los Angeles County, in operation since 2003. 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 Medicare or trust solutions investigations. Owners are working and getting ongoing referrals from hospitals, trauma centers, and private medical practices. As of now census is around 75-80 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 $2,750,376 and re-casted cash flow $564,285. Financial statements, charts, etc will be gladly presented to qualified buyers during due diligence. Proof of funds is required. Seller is motivated. I also represented other medical and non medical home health agencies, certified by JCO, New DHS licenses within different price ranges from $150,000 to $2,000,000. For More Information email or call Alex Levitan, at 818-342-5222 x330 or at 818-640-8080.
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