$1.1M Nevada Home Health Care Agency

Las Vegas, NV
Clark County

Metro Vegas


Asking Price: Annual Revenue:
Not Disclosed $1,179,097

Services: Senior Living & Care, Assisted Living


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RE: $1.1M Nevada Home Health Care Agency Broker: David Keene

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,179,097
Net Profit: $131,557
Cash Flow: $241,769
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 19
BBN Listing #: 64054605
Broker Reference #: UMCC# 281909

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Business Overview:

This agency has been in operation since 1995 and serves the Medicare eligible population in the Greater Las Vegas Market. In addition to traditional Medicare they are also approved providers for various Medicare Advantage and PPO plans including Triwest, Aetna, Blue Cross and United HealthCare. Nevada is the fastest growing state in the U.S. and 1 and 6 residents is 65 or older. It is anticipated that the area will continue to see a growing demographic of the Medicare eligible population for the foreseeable future. Majority of current census are Nursing vs Therapy in an effort to mitigate the PDGM impact. $1.1 M Gross revenues with $241,000 in seller Discretionary Earnings. Revenues for 2019 are trending just below 2018.

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Property Features and Assets:

2,500 Square feet of Office Space on the first floor.

Market Competition and Expansion:

Typical for the industry.

Reason for Selling:

Retirement

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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