$730K Two Location Louisiana Home Care Agency

New Orleans, LA
Orleans Parish


Asking Price: Annual Revenue:
$275,000 $731,130

Services: Senior Living & Care, Assisted Living


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RE: $730K Two Location Louisiana Home Care Agency Broker: David Keene

Quick Facts

Asking Price: $275,000
Annual Revenue: $731,130
Net Profit: $77,248
Cash Flow: $77,248
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2016
Employees: 10
BBN Listing #: 369854605
Broker Reference #: UMCC#031905

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Business Overview:

This is a Multi location non-franchise home care agency serving the Medicaid eligible population in Region 1(New Orleans, Jefferson, St. Bernard, and Plaquemines) and Region 2 (St. John, St. Charles, St. James, Lafourche, Terrebonne, St. Mary, and Assumption). Gross 2018 revenue of $731,130 with seller discretionary earnings of $77,248. A moratorium continues for the issuance of new licenses to provide services through the various state Medicaid community waiver programs. Due to the moratorium there is a significant barrier to entry and as consolidation continues the number of competitors has decreased. This agency has two licenses; one in each location.

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Property Features and Assets:

Operates for two office locations. Once in each region they serve.

Market Competition and Expansion:

Limited new competition due to moratorium.

Reason for Selling:

Relocation

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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