Profitable $2.4M Ohio Home Health Agency

Cincinnati, OH
Hamilton County


Asking Price: Annual Revenue:
Not Disclosed $2,357,688

Services: Senior Living & Care, Assisted Living


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RE: Profitable $2.4M Ohio Home Health Agency Broker: David Keene

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $2,357,688
Net Profit: $488,399
Cash Flow: $488,399
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: 50
BBN Listing #: 465954605
Broker Reference #: UMCC#193003

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Business Overview:

This agency was established on 2009 and has been serving the Medicaid and Medicare eligible population of Hamilton County (Cincinnati and Metro Area) since 2011. Currently over 95% of the census is reimbursed via the various Ohio Medicaid programs (My Care Ohio, Passport, DoDD, Buckeye, CareStar and Paramount) with a focus on providing services to the developmentally disabled and senior aged population. Strong administrative staff and caregiver workforce in place that is expected to stay on board following the transaction. Gross Revenue of $2,357,688 and Seller Discretionary Earnings of $488,399.

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Property Features and Assets:

The agency operates from a well located 1,800 square foot leased office and has been a tenant since 2013. The seller feels the space is 85% utilized so additional expansion is available to bring on any additional office staff. The office is on the bus line which is a plus for caregivers and employees that need access to the office.

Market Competition and Expansion:

Home Healthcare continues to be the preference for the aging population and growth in the sector is excepted to increase over the next 35 years. Competition is typical for the industry.

Reason for Selling:

Focus on other businesses.

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.

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