1385 Prosperous Home Healthcare Business

MI

1385  Prosperous Home Healthcare Business
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Asking Price: Get Financing: $1,100,000

Cash Flow: N/A

Gross Revenue: $838,000

EBITDA: $271,350

FF&E: N/A

Inventory: N/A

Established: N/A

1385 Prosperous Home Healthcare Business

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Business Description

A successful Home Healthcare Company that has been operating since 2008 with the owners now ready to retire from this business. This is a well established business in several communities in Upper Michigan and Northeastern Wisconsin. To highlight their quality of service, in July 2018 four of their Caregivers were recognized and awarded by the State of Michigan for their exceptional care-giving service! The only four caregivers from the Michigan UP that were so awarded.

By avoiding Medicare/Medicaid sales this business has been able to grow by concentrating their resources towards more lucrative markets. With this sales model, margins are significantly above the industry average. Nevertheless, if a new buyer so chooses, there is substantial new business available. To add to the appeal of this offering, the owner is highly flexible in structuring a deal that works for the buyer.

Detailed Information

Reason for Selling:
Retirement
Business Website:
http://lakesbusinessgroup.com/business/home-healthcare-company-for-sale/
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Tim Bullard

Business Listed By:
Tim Bullard

VR Lakes Business Group, Inc.

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