Homecare Agency - Medical & Companion

Not Disclosed, CT
New Haven County

Asking Price: Annual Revenue:
$5,500,000 Not Disclosed

Services: Medical, Dental

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RE: Homecare Agency - Medical & Companion Broker: Bo Prybyla

Quick Facts

Asking Price: $5,500,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $1,082,296
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 166126891
Broker Reference #: Not Disclosed

Email or Print Listing

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Business Overview:

Recurring Revenue from Long Term Customers.

Fully staffed Medical and Non-Medical care provider servicing the Connecticut marketplace. Office staff runs day-to-day operations and the owner is semi-absentee. The business is a JCAHO accredited organization and accepts Medicare, Medicaid, private insurances, etc. The company offers services provided by RN, LPN, Occupational, Physical and Speech, and Language Therapy, Social Workers, Home Aids, Personal Care Assistants, and Home Makers and Companions. As a full-service agency with a solid footprint in Central Connecticut and is positioned for growth at the present time. During the last 12 months, management has focused on developing staff to expand and grow the operation to exceed the $5m revenue target for 2021.

Staff: Current Staff consists of approximately 50 full-time and Per Diem Employees.

Growth/Expansion Opportunity: The new owner can expand the services offered geographically to cover more territory in Connecticut. The company has been focused on Medical Services and has not devoted the time and effort to expand the Non-Medical – Home Care portion of the business.

Facilities: The Primary office building (RE) is owned by the owner, and available for an additional $375,000, or a Long Term Lease is available. The owner would prefer to sell as a package deal.

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Additional Details:

  • The property is owned.
  • The owner is not 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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