Leading Home Health Care Provider - Southeast Florida

South East

Leading Home Health Care Provider - Southeast Florida
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Asking Price: N/A

Cash Flow: $1,500,000

Gross Revenue: $6,800,000

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Real Estate: N/A

Established: 2000

Leading Home Health Care Provider - Southeast Florida

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Business Description

This offering is comprised of two separate home health care agencies serving a large, demographically attractive and growing area of Southeast Florida.including Broward and Palm Beach Counties. Established and consistently profitable with Medicare as the primary source of reimbursement, the Company provides an exceptional level of care in skilled medical nursing; psychiatric nursing; physical, occupational and speech therapy; and medical social work. A second generation management team is already in place and handling all day-to-day operations. Earnings through September 2018 have already exceeded last year's numbers. The reason for sale is retirement.

Detailed Information

Real Estate:
Owned
Building SF:
N/A
Employees:
60+
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2 locations- one in an owned office building; the second office space is leased.
Competition:
The Company provides a proven business approach creating a sustainable competitive advantage. It operates in a demographically superior market; its reputation is exceptional. Moreover, home health care licensing in Florida is difficult if not impossible for new agencies to secure.
Growth & Expansion:
The business operates in two separate health districts stretching from Broward through St. Lucie County. There is immediate scalability to increase revenues with nominal incremental investment.
Support & Training:
The owners have established a second generation management team, now in place and currently handling all day-to-day operating responsibilities. The business's owners are fully committed to a seamless transition. One owner is available to stay long term in a mutually agreed upon consulting role if desired.
Reason for Selling:
Retirement
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Valerie McKinley

Business Listed By:
Valerie McKinley

Corporate Intermediaries International, Inc.

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