Home Health Care Agency (Class A and Class B)

Denver, CO (Denver County)

Seller Financing Available
Home Health Care Agency (Class A and Class B)
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Asking Price: $650,000

Cash Flow: N/A

Gross Revenue: $450,000

EBITDA: N/A

FF&E: N/A

Inventory: $10,000

Rent: $625 /Month

Established: 2014

Home Health Care Agency (Class A and Class B)

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Business Description

Home Health Agency with Class A (Medical) and Class B (Non-medical)License
Accredited by ACHC
Medicare and Medicaid Certified Provider
LTHH, HCBS-EBD, IHSS-EBD approved
Counties Approved to service: Denver, Arapahoe, Adams, Douglas, Jefferson, El Paso
Class A approved for the following services: Nursing, Home Health Aide (CNA), Physical Therapy, Occupational Therapy, Speech Therapy
Class B approved for the following services: Personal Care, Homemaking, Relative Personal Care, Respite

Detailed Information

Location:
Denver, CO
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
600
Lease Expiration:
3/31/2022
Employees:
20
Facilities:
The estimated value of a Home Health (Class A) license by itself is between $150,000-$200,000. This business is established, licensed, and has successfully passed all inspections and surveys from the Accrediting Agency (ACHC), as well as the State. Established client base of ongoing Home Long term Medicaid clients, as well a regular referral flow of short term Medicare Cases. Monthly rent of 4 room office with a waiting area in a centrally located office building is $625 per month. Computers, printers, furniture, file cabinets included in asking pric
Growth & Expansion:
Ongoing referrals from hospitals, Nursing homes, and Single Entry Point Agencies especially on the Skilled (Class A) side. Average of 3 new referrals per week without any advertising. Potential for growth is extensive, as the agency is in a position to contract with health insurance companies such as Cigna, United Health Care, Blue Cross/Blue Shield, Kaiser, Denver Health, etc
Support & Training:
Training, guidance, and assistance will be provided (if needed) to a new owner free of charge, on an as-needed basis for up to 6 months from the purchase date to make the transition smoother
Reason for Selling:
Expansion of another business in a different industry
Business Website:
http://homecareabsolute.com
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Business Listed By:
Olga Skuratovich

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