Profitable Home Health Care Business

VA

Seller Financing Available
Profitable Home Health Care Business

Asking Price:$1,250,000

Cash Flow:$510,222

Gross Revenue:$2,712,000

EBITDA:$435,222

FF&E:$104,000

Inventory:N/A

Established:2007

Profitable Home Health Care Business

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Business Description

The fast growing, profitable home health care business provides their patients an alternative to hospitalization and nursing homes. Through their quality staff and individualized in-home health care plans, they support recuperation and rehabilitation in the familiar surroundings of the patient's home. They have shown consistent growth exceeding 25% per year for the last three years and see additional opportunity. They are the "service provider of choice" and receive much of their growth through referrals.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
170
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business park location made up of approximately 1,000 sq ft of furnished office and conference room space with ample parking. Rent is approximately $900 per month. Business is centrally located to the territory of patients the business serves.
Competition:
The business is the largest and most complete local provider in the region. There are several smaller less expansive competitors, who do not offer the breadth or depth of service the business does.
Growth & Expansion:
The business has grown at a 25% rate for the last three years, primarily through referrals. The owner would recommend that a formal marketing plan be developed and engaging of a fulltime sales person to strengthen the current substantial growth performance.
Financing:
For Highly Qualified Buyer
Support & Training:
The owner will provide 4 weeks of training and transition to the new owner included in the purchase price. The owner is also willing to discuss an extended transition support through a mutually agreeable arrangement.
Reason for Selling:
Owner wishes to retire

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Donald Newton

Business Listed By:
Donald Newton

Crossroads Business Group, LLC

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