735623-BK Excellent Home Health Care Northern Va

Not Disclosed, VA


Asking Price: Annual Revenue:
$349,000 $1,200,000

Services: Senior Living & Care, Assisted Living


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RE: 735623-BK Excellent Home Health Care Northern Va Broker: Bill Kelly

Quick Facts

Asking Price: $349,000
Annual Revenue: $1,200,000
Net Profit: Not Disclosed
Cash Flow: $73,770
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 30
BBN Listing #: 61243891
Broker Reference #: 9525-735623

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Business Overview:

This absentee owner Home Health Care Agency opened 12 years ago and has grown steadily offering long term, short term and 24/7 "round the clock" care and support to people of all ages. The business cares for the elderly, those recovering from surgery or injury, respite care, and those facing terminal illnesses.

Currently offering only non-skilled care, there is an RN on staff who provides supervision and assessments. Payment is accepted through Medicaid, Insurance, and Self Pay.

The business i "Turn-Key" with 5 Office employees and 25 Caregivers, all W-2 employees.

3-year Average Sales: $1,155,819
3-year Average Free Cash Flow: $73,777

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Property Features and Assets:

Owner is a Registered Nurse, She started business in 2008 from home and quickly expanded. Long term, short term and 24/7 round the clock non skilled care and support to people of all ages. With Sales over $1,000,000. Discretionary Earnings - Owner to Prove.

Market Competition and Expansion:

There are multiple service companies in this area but currently there is more patients available than care givers. Potential Growth: Business can be expanded easily by taking on more patients. Lots of Opportunity in the market, all that is required for growth is general marketing. To key to expanding this business is hiring qualified care givers, developing in house training/certification program would be a great benefit.

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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