Home Health Agency
Location California,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $2300000
Net Profit / Cash Flow $700000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2003
Number of Employees 20 - 34
Inventory 200
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Seller will provide training for 4 weeks at 20 hours / week.
Reason for Sale Retirement.
Description Home Healthcare Industry Goldmine! Incredible Opportunity in Health Industry! This Home Health Agency for sale has a Medicare Certification and provides a variety of Home Health Services from Skilled Nursing to various Prescribed Home Therapy needs, to Medical Social Services. Medicare Certification means collecting 60% of fees up front and 40% after 60 days. The checks come like clockwork and the cost of goods sold are, in effect, prepaid. Currently it takes about 5+ years and hundreds of thousands of dollars to attain an unrestricted Medicare Certification. This company has been certified for 6 years and maintains a very tight ship. The current owner has been in the health care industry for over 40 years, is tired, and wants to retire. Although this agency could provide services for any home health needs they currently limit their clients to Medicare patients only. Billing Medicare is a very simple and reliable business model with straight forward collection of fees. An aggressive marketing effort would grow sustainable sales quickly since the barrier to entry for a Medicare certified agency is so high. The aging baby boomer population will add a tremendous demand for these services. A new owner could also offer services beyond Medicare patients which can encompass the entire population of Home Healthcare needs. Hence, the agency is positioned as a basis for very scalable growth in a market with unlimited potential expansion. The firm employs about 25 Registered Nurses (W-2) and about 4 times as many health therapy contractors (1099) as needed. Their patient census is 80-85 patients. If you are looking for the right industry at the right time act now before it is too late!
For more information, please email or call Roger Civalleri or Carrie Lockwood at (310) 539-8300.
Click Here To Contact Seller
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