Profitable Nursing and Long-Term Care Staffing Business
Asking Price: | $2,500,000 |
Gross Revenue: | $3,060,931 |
Cash Flow: | $686,716 |
Established Year: | 2018 |
Established in 2018, this reputable staffing agency specializes in providing caregivers and skilled nursing professionals to nursing homes, long-term care facilities, and home care clients. With a solid presence in Pennsylvania and some work in New Jersey and Delaware, the business has built a strong reputation for reliable staffing solutions.
Key Highlights: Workforce: A dedicated team of 25-30 1099 caregivers, including LPNs, RNs, and skilled and non-skilled home care professionals.
Contracts: Includes VA contracts and other government contracts outside the VA, with the certification to staff hospitals as an added growth opportunity.
Payor Source: Facilities are billed directly, with payments typically received within 30-45 days, while some clients pay weekly. Operations: One admin staff handles day-to-day tasks, while the owner oversees backend office work, sales, and administrative functions. Caregivers are sourced via word of mouth and job board advertisements.
Growth Opportunities: The business has significant potential for expansion, including securing additional VA contracts, reaching out to more facilities and home care agencies, and leveraging its certification to staff hospitals. Establishing a social media presence and enhancing marketing efforts could also attract new clients and caregivers. This turnkey staffing business is ideal for someone seeking a well-established company with stable revenue, growth potential, and a reputation for excellence in the healthcare staffing industry.