Services - Health, Medical & Dental

Asking Price	$1,350,000	Inventory
Gross Income	$1,628,045	Real Estate
Cash Flow	$268,837	Year Established	1997
FF&E	$22,000*	Employees	20

* included in the asking price

** not included in the asking price

The sleeping giant awakens; that cash cow you ve been waiting for is now on the market. This once in a life time Home Care Agency powerhouse is strategically nested in mid-Michigan and serves Ingham, Eaton and Clinton counties. Established in 1997 and has comfortably gone through the initial growth, rapid growth and now in the continuous growth stage. Very successful, well established with a Nursing Manager owner (RN), one FT LPN Nursing supervisor, and one FT LPN Equivalent field nurse. Two full time and one part time Schedulers and a shared time financial/payroll and Human Resource guru. State of the art computerized payroll and scheduling systems. Agency serves an average of 200 patients per month in the comfort, convenience and privacy of their homes. They serve the community at large including seniors and help patients of all age groups to live independently for as long as possible. They are currently operating with 20 fulltime and a pool of approximately -90 contracts, part-time and contingent Home Health Aids, Companions, Homemakers and LPN and offers 24 hour healthcare services. Buyer must close within 60 days of Sales Agreement . Sellers require a minimum of 331/3% of down payment and equal installment payments for the balance not to exceed 60 months. Serious Buyers only, please do not call if you do not meet the minimum financial requirements and we require that you sign a Non-Disclosure Agreement and show proof of funds. We would prefer to continue any serious discussions with your legal and financial counsel.

Facilities: A modern building near major interstate highways has an Office space of approximately 2,500 sq ft. at a monthly rate of $2,500. Lease is currently on month to month basis, but buyer will sign a new lease agreement with the landlord.

Competition: This enterprise is very well established in the marketplace and enjoys the business of repeat consumers and word of mouth referral as a result of their outstanding services. We currently accept only insurance and private pay patients.

Growth/Expansion: Our business model does not include Medicare patients, but with a touch of Medicare plus the insurance and private pay; this business can more than double their sales in one year.

Financing: Seller is willing to carry a resonable Note!!

Support/Training: The current Director of Nursing and key employees will be willing to stay.

Reason Selling: Retirement!!!