Profitable Home Health Care Service Company for sale

Greenville, SC (Greenville County)

Profitable Home Health Care Service Company for sale
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Asking Price: $299,000

Cash Flow: $156,000

Gross Revenue: $588,000



Inventory: N/A

Established: 2015

Profitable Home Health Care Service Company for sale

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Business Description

Non-Medical In-Home Care Business For Sale - Highly Profitable

Looking for an established and successful business in a growing industry? If you said yes, then look no further. Did you know that 10,000 people turn 65 every day and 90% of them want to age in place, in their own home? This means incredible growth potential! Check out this opportunity to own a non-medical home care company in the 4th fastest growing city in the US. Here is your chance to help others and own your own business.

The company has been in business since 2015 providing non-skilled home care which includes Certified Nursing Assistants (CNAs) and Home Health Aides / Caregivers. They service 3 counties in the surrounding Greenville area.

The company accepts private pay and long-term care insurance. Gross revenues were $341k in 2017 with SDE of $100k. The current run rate for revenue in 2018, is over $500k. The current average census is around 15 clients and they are billing approximately 2200 hours per month. Growth could be achieved by expanding their county presence and building on their current base of referral sources, including home health companies, hospice agencies, hospitals, rehab centers and physicians.

The staff is expected to stay on under new ownership, and all caregivers are W-2 employees. The seller is looking to focus on other business endeavors, but will be available for a transition period.

Detailed Information

Greenville, SC
4 FTE, 54 PTE
Home Based
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
New Business Opportunities
This business is Home-Based
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Cecil E. Martin

Business Listed By:
Cecil Martin

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