$6.1 M Ohio Home Health Agency

OH

$6.1 M Ohio Home Health Agency
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Asking Price: N/A

Cash Flow: $1,032,794

Gross Revenue: $6,077,036

EBITDA: $1,032,794

FF&E: N/A

Inventory: N/A

Established: 2009

$6.1 M Ohio Home Health Agency

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Business Description

This Ohio based home health agency currently serves 38 counties in the Northern and Central area of the state. They are Joint Commission Accredited and provide services through Medicare and various state Medicaid waiver programs including Passport, DODD, and the My Care Ohio plans managed by Aetna and Buckeye. Adjusted 2018 EBITDA of $1.03M with a history of sustained profitability and growing top line revenues. Agency is Joint Commission Accredited for both Medicare and Medicaid with clean surveys. Average census of the agency is 300 with 70% in the Medicaid waiver and My Ohio Plans and 30% Medicare. Approximately 150 +/- full time W-2 employees.

Attached Documents


Detailed Information

Employees:
150
Facilities:
• Lucas County 1900 square feet expires August 2019 • Richland County 1800 Square Feet expires Mid 2020 • Franklin County 2400 Square Feet expires April 2023
Competition:
Typical of the industry
Growth & Expansion:
Agency has strong YOY growth which can continue with a new owner
Support & Training:
As needed
Reason for Selling:
Retirement
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(from currently available funds)
 
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David Keene

Business Listed By:
David Keene

United MedCare Capital

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