Home Health Agency with Medicare Accreditation

Not Disclosed, FL
Miami Dade County

Asking Price: Annual Revenue:
$1,350,000 $3,790,508

Services: Senior Living & Care, Assisted Living

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RE: Home Health Agency with Medicare Accreditation Broker: Andy Fischer

Quick Facts

Asking Price: $1,350,000
Annual Revenue: $3,790,508
Net Profit: Not Disclosed
Cash Flow: $470,462
Total Debt: Not Disclosed
FF&E: $28,735
Real Estate: Not Disclosed
Year Established: 1995
Employees: 70
BBN Listing #: 62124955
Broker Reference #: 1040-16253

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Business Overview:

Successful and profitable Home Health agency established in 1995, licensed in three counties: Miami-Dade, Broward and Monroe. Medicare accredited in Miami-Dade and Monroe. In Broward the company has a standard license and a Medicaid Provider number. Both areas are joint commission accredited. The agency provides skilled nursing, home health care, physical therapy, occupational therapy, respiratory therapy and social worker. The business has created through the years a great referral network from insurance companies, doctors office, pharmacists, workers compensation etc. Great staff in place, among them: 8 IV certified nurses, 8 phlebotomist. Current census is 63 patients down from average numbers due to the pandemic. Contracts with several insurance companies. Real Estate is available for sale.

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Property Features and Assets:

Two of the owners of the business own the real estate. The real estate is available for sale or for lease. Space is 1,482 square feet. The monthly rent will be $ 3,436 per month. Seller willing to sign a long term lease.

Market Competition and Expansion:

There are several other Home care agencies in the market. The strengths of this business are the accreditation's, years in the industry, network of referral sources and the pool of nurses. A new owner, with new energy can definitely grow this business. It has all the licenses, and it is well positioned to be taken to a higher level of revenues and profitability.

Reason for Selling:

Person who ran the business passed away.

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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