$1 Million Home Health Agency in Central Illinois

IL

$1 Million Home Health Agency in Central Illinois

Asking Price:$400,000

Cash Flow:N/A

Gross Revenue:$1,000,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:6

$1 Million Home Health Agency in Central Illinois

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Business Description

All Buyers - Individual(s) or Corporation(s)
Must Provide Resume(s), Proof of Net-Worth, and/or Revenues, Proof of Funds to make the Purchase, and Purchase Plan.
All Buyers are Introduced to the Seller based on the Buyer submission of Information. Approval Granted by the Seller, to the Buyer to Review the Offering Book in Detail.

Detailed Information

Facilities:
American HealthCare Capital is pleased to introduce a $1 Million Home Health Agency with multiple locations that is for sale in Central Illinois. The company has been Medicare certified since 2010. They service up to a 100 mile radius from their locations, which includes 6 counties.
Competition:
The company’s payer mix is 90% Medicare, and 10% Medicaid and private insurance. Gross revenues have been in the $1 Million range, and are on track to be the same in 2016 with a current census of around 60 patients.
Growth & Expansion:
The company has struggled with profitability in previous years, but has made changes to their business model that should allow for increased profit margins going forward. Additional growth could be achieved by adding more counties to their service area.
Financing:
NO
Support & Training:
The seller would like to focus on family and other business ventures, but expects the staff to remain after a sale.
Reason for Selling:
Other opportunities
Business Website:
http://americanhealthcarecapital.com/listing/ilmc2b/

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Clarke Roberts

Business Listed By:
Clarke Roberts

American HealthCare Capital

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