$1.1M Oklahoma Medicare and Medicaid HHA

Oklahoma City, OK
Oklahoma County

Metro Area


Asking Price: Annual Revenue:
Not Disclosed $1,109,024

Services: Senior Living & Care, Assisted Living


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RE: $1.1M Oklahoma Medicare and Medicaid HHA Broker: David Keene

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $1,109,024
Net Profit: $286,016
Cash Flow: $286,016
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2014
Employees: 10
BBN Listing #: 208054605
Broker Reference #: UMCC161908

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Business Overview:

This agency has been in operation since 2014 and serves the Medicare and Pediatric and Adult Medicaid eligible population in Central Oklahoma including Oklahoma City and the surrounding Metro areas. Bulk of Medicaid work is skilled nursing for pediatrics. Stable year over year revenue with EBIDA margin in excess of 25%. The agency limits PT/OT cases and based on a past data review they have been advised to expect a 15% increase in pay structure following implementation of PDGM. The owners are not active in the day to day operations and have a strong management and caregiving team in place that is expected to remain following a sale to insure a smooth transition.

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Property Features and Assets:

The office is located roughly 35 miles north east of Oklahoma City. This location has benefits as it relates to rent cost due to the rural area. Office space of 1,000 Square Feet with monthly rent of $850.

Market Competition and Expansion:

This agency provides a new owner with the following unique investment opportunity: • Stable revenue and referral base • Experienced caregiver and administrative staff • Growth opportunity with pediatric Medicaid clients • Strong word of mouth referrals and standing in the communities they serve • Investment in marketing will increase revenue • Aging demographic in the area served • Medicare Advantage plans now covering un-skilled services

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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