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Business For Sale
CERTIFIED HOME HEALTH AGENCY FOR SALE
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Asking Price: |
$1,800,000
USD USA Dollars
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Business for Sale Industry: |
Services: Medical, Dental, Assisted Living
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Reason for Selling:
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Other interests |
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Year Established:
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2001 |
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# of Employees:
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10 Full Time, 100 PRN |
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Yearly Revenues:
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$3,047,790 |
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Yearly EBITDA:
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$574,512 |
Business for Sale Overview:
This is an established JCAHO Accredited Agency with Provider Number and License. All requirements for State & Federal Certification & Licensing have been met. An existing staff & location are available for immediate purchase. If you are looking at expanding in the exploding Home Health Business or secure additional Provider Numbers, this is a rare opportunity to do so. Servicing the entire Dallas / Fort Worth Metroplex, your potential for growth or expansion is excellent. JCAHO Certified Home Health Agency with Branch License Available. Excellent opportunity to Expand or get into the Dallas / Fort Worth Home Health business and grow quickly. Current Agency has over 220 Census (180 Medicare Patients and 50 Primary Care Patients). Census could be a lot more however current owner is wanting to exit not grow. In business since 2001 with one of the best reputations in North Texas. Last 2 Surveys had 0 deficiencies (surveys in 2-06 & 5-08)---Agency is very well run with excellent employees that will stay after the sale. JCAHO accredited with ability to add a Branch office within 30-60 days. Most business is in the form of existing referrals through the normal sources because of the excellent care provided. Contracts for Secure Horizon & Blue Cross Blue Shield with Wellcare & Unicare pending. 20 Counties serviced are: Dallas, Tarrant, Denton, Collin, Kaufman, Ellis, Collin, Cooke. Erath, Fannin, Hood, Hunt, Johnson, Navarro, Pal Pinto, Parker, Rockwall, Somervell, Wise and Grayson. (Note - Gross Sales based on 2007 & YTD 2008. Actual Sales Jan-Aug 2008 $2,032m). EBITDA based on 2007 & YTD 2008. Actual net profit Jan-Aug 2008 $383,099). This Opportunity won't last long.
Property Features and Assets:
Excellent Office Space in an established Office complex. Room to grow with expansion. Great Location in the Dallas Fort Worth market. 2,500 square feet @ $4,000 per month, lease expires 2013.
Market Competition and Expansion:
Outlook is excellent. Certified and Licensed agencies are almost impossible to find and even harder to start. With the exploding Baby-Boomers reaching Retirement age the projections for Home Health Opportunities are endless. New Owner should already be in the business and be familiar with the Dallas Fort Worth market and competition. This well run and very profitable agency is ideal for the right group or company looking to expand in the Texas / Dallas Fort Worth Metroplex. Growth potential is limitless. With a base population in the area of between 3-5 million, potential growth is incredible. Expansion is un-paralleled. This Agency already has their provider number and license as well as the ability to obtain a Branch license within 30-60 days. You can cover the entire Dallas / Fort Worth Metroplex as well as the counties up to the Oklahoma Border.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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