Elite Home Health Care Business # 2216

Dallas County, TX

Elite Home Health Care Business # 2216

Asking Price:$1,400,000

Cash Flow:$338,724

Gross Revenue:$8,280,000

EBITDA:$338,724

FF&E:$170,000

Inventory:$1,000

Lease Rate/Sq. Ft.:$15.50

Established:1996

Elite Home Health Care Business # 2216

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Business Description

An Elite Home Health Care Business for Sale: You asked for it, and we have one of the most prestigious Home Health Care Agencies for sale. Due to retirement, the seller is making available a 20+ year old facility with an excellent Medicaid and Medicare record to a preferable experienced buyer, due to the magnitude of work volume and astounding government contractual knowledge that is needed to run this establishment, which yields an average gross income exceeding $8M, per tax returns. This Home Health Care Agency currently staffs over 11 administrative employees, over 200 active attendants, and approximately 500 clients; netting a substantial income. This is a discreet sale. Upon due diligence of the buyer, an appointment is set up between seller and buyer. Financials are released only upon a serious buyer executing an offer to purchase.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
11/30/2016
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Servicing Tarrant County, Dallas County & Ellis Counties. Patients from Medicare (traditional, MMR & Star Plus) & private care; offering skilled nursing care, primary home care & family care
Reason for Selling:
Retiring

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