Dual Licensed Home Health Care Agency Est 30 Years

Business Overview:

Dual licensed HOME HEALTH CARE AGENCY licensed in Palm Beach and Broward Counties.  Establish 30+ years. Fully staffed with both management and in field caregivers. Licensed as an agency but serves primarily long term care patients with non medical caregivers. 

• Long-Standing Brand – Founded in 1980s, company is a private duty home healthcare agency that is licensed by AHCA to operate in regions 9 and 10 in Florida (Southeast FL) .

• Primary payers are Private pay and commercial Long-Term Care (LTC) insurance.

• Long-Tenured Caregiver Relationships – Long-established relationships with a reliable pool of 230 caregivers.

• Extensive Referral Relationships – With marketing channel partners, long-term care (LTC) insurance brokers, adult guardianship agencies, and hospital discharge departments.

• New Operational Infrastructure – Owner has automated and revitalized the company’s operational processes. All paper-based operational processes (EHR system, plan of care, time sheets, billing, accounting, etc.) have been replaced with web-based software solutions.

• New and Impactful Referral Relationship: New referral relationships brought in at the beginning of 2024 produced current census of ~55.

• Attractive Financial Profile for Strategic Acquirer – Owner has implemented new pricing policies to increase rates in 2023, as well as overhead cost reductions such as rent expense and telecom, maintaining 38% gross profit margin.

• Primed for Growth – The new infrastructure will allow scalability and aggressive growth of without a near-term need for additional support staff.

Please contact the listing broker, Tom Jones, for additional information.  >>

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Property Features and Assets:

Lease Month    4,369

Terms and Options   Inquire with LA

Square Footage   2,500

Building Type    2 Offices

Expiration Date    12-31-2025

Market Competition and Expansion:

Non Compete   100 Miles   3 Years 

Reason for Selling:

Private Equity is Divesting. Kindly ask the seller for more information.

Additional Details:

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