Business For Sale

Established and Profitable Home Health Care Agency

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$796,500 $1,236,814

Services: Medical, Dental


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RE: Established and Profitable Home Health Care Agency Broker: Alex Levitan
Owner Financing is Available!
Collateral is a must, Large down payment.

Quick Facts

Asking Price: $796,500
Annual Revenue: $1,236,814
Net Profit: $386,957
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 5
BBN Listing #: 952352285
Broker Reference #: Not Disclosed

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Business Overview:

Excellent Opportunity to invest and operate Working and Profitable Home Health Care Agency - DHS license plus Medicare provider number, 10 years in the Home Health Care business, certified by Joint Commission. Medical Home Health Care is still lucrative and respectful business. Regardless of coming changes in Medicare in Washington, there will be need for professional RNs, LVNs, OTs, PTs and other medical staff for a long time. The census is steady averages 50 patients at any given time. 2016 shows 1.35 Million in gross revenue and around $350,000 in net profit. Well established referral sources with Providence St John’s, UCLA, Cedars Sinai, Torrance Memorial, Providence Tarzana, USC Keck, Beverly Hills Rehab and Convalescent, and Huntington Hospitals, recently a contract was signed with the VA Hospital and many others. Contracts with Aetna, Blue Shield and Blue Cross, United Care, Regal and many other insurance companies bring a steady number of qualified patients. 20-25 new patients are coming every month. 85% Medicare – 15% Private Insurances. We are looking for a medical professional who understands the Home Health Care business, has his/her own referral sources in addition to sellers well established referrals, and has a full purchase amount. SERIOUS BUYERS ONLY PLEASE, NO FINANCING, NO PARTIAL PAYMENTS, NO PARTNERSHIP

Contact Alex Levitan- Pacific Business Brokers - or email us to request an NDA. 818-640-8080

Financial Statements, Inventory Count, and any additional information will be gladly presented to qualified buyers during due diligence. Proof of funds is required. Seller is motivated. All of the above information per Seller; please rely on your own due diligence on market conditions and this industry before making any commitment and decision making.

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Property Features and Assets:

Growing number of patients. Well established referral sources.

Reason for Selling:

Retiring

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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