Home Healthcare-Netting $189K only 10% Down

Mercer County, NJ
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Asking Price:$700,000
Gross Revenue:$1,206,182
Established Year:1996
Cash Flow:$189,643
FF&E:$20,000
BUSINESS DESCRIPTION

You only need 10% ($70,000) down to purchase this successful business! This business has already been lender approved. You will earn $86,000 (after paying loan) first year getting your 10% back in 10.5 months!!

There mission is to help people in NJ live safely at home as long as possible while maintaining their independence and dignity. The safety and well-being of there clients they serve is most important to their team of dedicated health care professionals.

KEY FACTS:

Accredited with Distinction by CAHC for 22+ years
Contracts with all 5 Managed Care Organizations
Reimbursement within approximately 10 days of billing on most cases
History of long term cases
46 staffed Employees
This is NOT a franchise so new owner can grow as big as they would like in different areas
Owner over sees operation
No major advertising is being done
Owners have been in business for 28 years!!
95% is Medicaid


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,265
Employees
46
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
Growth potential through: Private Pay Long Term Care Insurance Skilled Nursing Facility Staffing Live-Ins
Financing
Lender pre-screened with $70K down.
Support & Training
Will train for 2 weeks @ $0 cost.
Reason for Selling
Retirement.
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Joe
Chiarello
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Joe Chiarello