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Established Licensed Nurse Registry Opportunity Available In Florida

Broward County, FL
listing image
Asking Price:$3,500,000
EBITDA:$700,000
Gross Revenue:$6,100,000
Established Year:2002
Listing ID: 2295273Listing provided by BizBuySell
BUSINESS DESCRIPTION

22 Years of Success in Home Care with Untapped Growth Potential

Opportunity to acquire a well-established Licensed Nurse Registry in Florida’s thriving home care market. The company has a proven track record serving affluent communities in Broward, Palm Beach, and Miami Dade for the last 22 years under its tri-county license.

The current census is approximately 70 patients which has been maintained entirely through word-of-mouth marketing. This leaves significant potential for growth under new ownership while showcasing strong community trust and satisfaction.

Diverse payor sources include private/LTC insurances and private pay, with an approximate 50/50 split between each. The company primarily contracts with Home Health Aides providing non-skilled services, however, as an AHCA Licensed Nurse Registry a provider may also contract with nurses, certified nursing assistants, homemakers, and companions.

The financials have shown year-over-year growth with year-end projections continuing that trend at $6.5mm in revenue for 2024:

2021
Gross: $4,880,756
Adjusted Net: $444,329

2022
Gross: $5,262,562
Adjusted Net: $708,948

2023
Gross: $6,103,636
Adjusted Net: $689,763

The owner is knowledgeable and active in the business, and is willing to stay on board to ensure a smooth transition period.

ATTACHED DOCUMENTS
Combined Financials.pdf.pdf Download
DETAILED INFORMATION
Location
Broward County, FL
Inventory
Not Included in asking price
Real Estate
Leased
Employees
6
Facilities
N/A
Competition
The healthcare market as a whole is competitive in Florida, but there's a lot of room for growth. Florida is considered a retirement state and we're on the cusp of an aging Baby Boomer population.
Growth & Expansion
The business has currently been built entirely on word-of-mouth leaving tremendous opportunity for a new owner to implement new marketing strategies and reaching into untapped potential.
Support & Training
Seller is willing to stay on board during a transition period to assist/train.
Reason for Selling
Seller is going into retirement.
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Anthony Trochtchenkov
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Anthony Trochtchenkov
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