Home Care in Newport Beach and Huntington Beach, CA
Leading Home Care Agency
Newport Beach, CA
Seven year old Private Duty Home Care Agency for sale covering the cities of Corona Del Mar, Newport Beach, and Huntington Beach, CA (Covers Zip Codes: 92657, 92625, 92661, 92663, 92662, 92660, 92617, 92626,92627, 92646,92648,92649,92697, and 90742). Part of a larger home care company, that is considered top ranked and a top performer in California, with solid, well established local and national referral sources. The business does not require prior home care/medical experience. Besides in-home, non-medical care, the business also provides assisted living placement consulting services. In August 2014, 50 Clients were billed for 12,050 hrs generating revenue of $225K.
The business operates in one of the most demographically attractive senior care markets in the country. The service market includes a number of large hospitals, senior centers, assisted living communities, independent living communities, nursing homes, memory care and skilled nursing facilities. The Business benefits from a number of local relationships with major hospitals and other health care/senior care facilities, as well as national relationships with Long Term Insurance (LTC) companies. It has a strong internet presence and technical resources (including state of the art software applications), as well as a strong staff of trained Caregivers and health Advisors.
The business has exhibited strong growth since its inception. The majority of revenues come from private pay, LTC insurance, Veterans benefits, and Workman’s Claim Insurance benefits. Potential growth opportunities exist in a number of areas at the discretion of new owner. Professional offices are strategically located, enabling the company to provide both long and short term care to their clients, from 4 hours up to 24 hours daily.
The seller is willing to provide assistance and training during a transitional period. Staff and caregivers, all of which are W2 employees, are available to stay.