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Rapidly Growing Home Care Agency, Licensed in 24 Counties!!!!

Sangamon County, IL

In-Home Health Care Services
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Asking Price: $2,500,000

Cash Flow: $600,000

Gross Revenue: $2,100,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $2,200 /Month

Established: 2012

Rapidly Growing Home Care Agency, Licensed in 24 Counties!!!!

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Business Description

HUGE Earnings!!!

SBA PRE-APPROVED!!!

This is a once in a lifetime opportunity to buy a non-skilled home health care business that is licensed is built to scale and growing very rapidly. They are licensed in 24 Illinois counties which is unheard of. This business has been ran the past 2 years by 2 very experienced businessmen, who have put the infrastructure in place for this business to easily scale. Included in this sale is also a separate start-up company that is in the same industry. All of the footwork and state license has been completed over the past year, and it's ready to launch. It will allow the owners to cross sell services. There are 2 office locations. They are currently working on another state application which will allow a whole new realm of this business to operate on . The potential of this business is absolutely enormous. Even as it sits, it is extremely profitable and runs like a fine tuned machine. They have a nice mix of business which includes Medicaid and Private Pay. The software used to run the business provides very detailed metrics, drives efficiency, and allows for smooth operations across the board. Seller discretionary earnings for 2019 are on track to be 100k above forecasted amounts.

Detailed Information

Location:
Sangamon County, IL
Real Estate:
Leased
Building SF:
1
Lease Expiration:
N/A
Employees:
96
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
40 FT 56 PT (2) locations
Competition:
Strategic price point and high quality services makes this business stand above and beyond the competition.
Growth & Expansion:
There are a multitude of ways to grow and expand this business. The footwork has been done. A new owner will merely have to follow the existing plan for success.
Support & Training:
As needed for successful transition
Reason for Selling:
Relocating
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Dana Jennings

Business Listed By:
Dana Jennings

BBDC

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Sponsoring Broker:
Toby Barker

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