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Businesses For Sale   >>   Baby Businesses For Sale   

Home Healthcare Agency

Location  Virginia,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1200000
Net Profit / Cash Flow  $145000
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2008
Number of Employees  50 - 99
Inventory  32000
Relocatable  No
Number of Employees  50 - 99
Real Estate  Leased
Training  Tremendous support from franchise corporate office.
Reason for Sale  Current owner is out of state.

Description  
Only JOINT COMMISSION ACCREDITED private pay agency in the market. Baby boomers hit 65 yrs old in '11. Longer life spans for all. Gross revenue increased 34% qtr/qtr since opening. Own the fastest growing health care agency in USA. Franchise is named to inc 200. Opened Feb '09, now more than 5 years mature. Serves Chesapeake, Portsmouth and points west. Unobstructed access to Norfolk/Virginia Beach. VA had moratorium on agency office openings for 2 yrs. Unlicensed agencies forced to close. Franchisor cannot sell new territories for 2 yrs allows owner to tap into the entire market. No corporate competition. Resale includes 24 zips and 432k population. Other areas hold 28 zips in Norfolk and Virginia Beach, nearly 750k people. 11% of population is 65+. Explosive growth opportunity with aging (largest office avgs $175k+ weekly sales). 85% local and 15% natl contracts. Care for people, all ages, primarily elderly or disabled, and worker comp cases, child care services and staffing/placement to medical facilities, with licensed staff. The company is well established in a growth industry located in one of the best geographic regions in the United States. 5 yrs spent ensuring a positive reputation in the community. Owner works on task forces on aging, assists with hospice alliance and the Alzheimer's Association. Very experienced Director of Nursing, Awesome Director of Operations, with an excellent office staff, and a great field team. New licensure criteria effective 7/1/10. Requirements burden the non-franchised companies not having defined processes in place. Some have started to close their doors, results in better market share for the established companies. Our franchise brand, our staff and our strong positive reputation will result in experiential growth for the next owner. We feel this is an exceptional price for a large territory with an established company at $525k. Consultation and training. Contact for more information on this health care agency for sale.


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