Business For Sale

Profitable Medicare Certified Illinois Home Health

Chicago, IL
Cook County

Chicago Metro


Asking Price: Annual Revenue:
Not Disclosed $2,050,546

Services: Senior Living & Care, Assisted Living


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RE: Profitable Medicare Certified Illinois Home Health Broker: David Keene

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $2,050,546
Net Profit: $342,923
Cash Flow: $485,814
Total Debt: $43,933
FF&E: $95,312
Real Estate: Not Disclosed
Year Established: 2004
Employees: 27
BBN Listing #: 894354605
Broker Reference #: UMCC# 180314

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Business Overview:

In operation since 2004 this Medicare Certified agency is licensed to serve the Medicare, VA and certain third party insurance eligible populations in Cook, DuPage, Kendall, McHenry, Kankakee, Will, Dekalb, Kane and Lake counties. Excellent caregiver and referral base as well as key administrative employees and experienced home health marketers. Due to the current moratorium for Medicare home health certification this is the only way to enter or expand services to the state and this large market. Strong year over year growth of 20% along with solid historical profitability.

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Property Features and Assets:

Well located on near major interstate. Lease has 60 day termination clause so re-location is possible.

Market Competition and Expansion:

Market has gone through recent regulatory mandates specific to Home Health that has resulted in reduced competition.

Reason for Selling:

Pursue other business interest

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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