Home Health Care Sale *Update: Under Contract*
Asking Price: | $1,400,000 |
Gross Revenue: | $1,520,000 |
Cash Flow: | $345,000 |
Licensed Home Care Service Agency (LHCSA) and Consumer Directed Personal Assistance Program (CDPAP) Agency with operations in Brooklyn. This well-established business boasts a number of valuable contracts.
Key Features:
Existing Contracts: Currently holding two valuable contracts, agency serves as a trusted partner to major healthcare providers and government programs.
Diverse Client Base: With over 70 ongoing cases at time of listing, the company primarily specializes in elder-specific diseases and conditions, meeting a critical healthcare need in the region.
Experienced Workforce: Employing approximately 53 caregivers, the agency has a dedicated team of professionals to support its operations.
Billing Efficiency: In-house billing operations ensure efficient financial management.
Comprehensive Staffing: The agency has three skilled office staff, comprising billing and payroll expertise, as well as in intake, HR, and case management.
Regulatory Compliance: Successfully passed the Department of Health (DOH) audit in 2022, demonstrating a commitment to regulatory compliance and quality care.
Buyer Requirements:
Prospective buyers should be existing LHCSA owners with a willingness to explore consulting and management agreements to finalize the agency acquisition. Additionally, substantial proof of liquid funds is a prerequisite. The sellers will require disclosure of the buyer's LHCSA or healthcare organization name and location for approval. A meeting or call with the owner is necessary before financial details are shared.
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