Home Health Care - Medicare Certified - SW Ohio

Cincinnati, OH (Hamilton County)

Home Health Care - Medicare Certified - SW Ohio
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Asking Price: $1,975,000

Cash Flow: $613,000

Gross Revenue: $3,621,000

EBITDA: $478,000

FF&E: $25,000

Inventory: N/A

Established: 2000

Home Health Care - Medicare Certified - SW Ohio

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Business Description

BUSINESS FOR SALE S-2621

HOME HEALTH CARE COMPANY – Medicare Certified
Southwest Ohio

Medicare certified, this well established company provides home health care services primarily in the S.W. Ohio counties.

Home health care in America is a $75 billion business which is growing with the aging of the baby boomers. Currently the 65 and older US population numbers 40,000,000 and every year another 1,500,000 “boomers” turn 65.

The business owner oversees the company but has other employees that handle much of the day-to-day duties of the business.

The owner has had many very successful years, but has decided to sell the home care business to reduce the responsibilities of owning a company of this size and relocate to another area for semi-retirement.

Purchase Price:

The asking price for the company is $1,975,000 free and clear of debt, structured as an asset sale. The Seller will retain receivables with Buyer’s assistance in collecting. All other operating assets and intangibles are included except cash and equivalents.

Detailed Information

Location:
Cincinnati, OH
Inventory:
Included in asking price
Employees:
9 office
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Two offices
Competition:
Normal
Growth & Expansion:
Medicare certification good for the entire state. Now only working in several SW Ohio counties.
Support & Training:
As needed
Reason for Selling:
Semi-retirement, moving out of state
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Business Listed By:
Wayne Corney

Keate Partners, Ltd.

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