$3.5M Tennessee Home Care Agency PrivatePay/Waiver

Not Disclosed, TN
Davidson County

Middle Tennessee


Asking Price: Annual Revenue:
Not Disclosed $3,300,068

Services: Senior Living & Care, Assisted Living


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RE: $3.5M Tennessee Home Care Agency PrivatePay/Waiver Broker: David Keene

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $3,300,068
Net Profit: $280,405
Cash Flow: $275,405
Total Debt: Not Disclosed
FF&E: $273,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 201
BBN Listing #: 638054605
Broker Reference #: UMCC191804

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Business Overview:

Tennessee Home and Personal Care Agency with Gross Revenues of $3.5 Million with an upward trend. In operation of the past 21 years this agency covers the heavily populated middle Tennessee market. The bulk of the census is private pay/long term care insurance and they also participate in the state Medicaid Choices Waiver program. Excellent administrative and caregiving staff will provide for a “turn key” transition. Extremely well organized agency with annually updated operational, polices and procedures, training and employee manuals. This is a rare opportunity to acquire an agency of this size and location providing these services. Due to the recent approval and expansion of reimbursement for personal and home care services by Medicare we anticipate high demand for this acquisition opportunity.

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Property Features and Assets:

Operates for 4 leased facilities throughout Middle Tennessee. Well located with community presence.

Market Competition and Expansion:

Typical for the industry. This is one of the largest in the area served.

Reason for Selling:

Focus on Teaching and Writing.

Additional Details:

  • The property is leased.
  • The owner is 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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