Home Health Care Sale *Update: Under Contract*

Brooklyn, NY
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Asking Price:$1,400,000
Gross Revenue:$1,520,000
Cash Flow:$345,000
BUSINESS DESCRIPTION

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.

Don't miss out on this unique opportunity.


DETAILED INFORMATION
Location
Brooklyn, NY
Inventory
Not Included in asking price
Reason for Selling
Retirement/Relocation
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Joseph
Hertz
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Joseph Hertz