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Full Service Home Health Agency With Stellar Reputation For Sale

Florida, US
Asking Price:
$9,500,000 (USD) Furniture / Fixtures included
Sales Revenue:
$14,891,545 (USD)
Cash Flow:
$2,350,849 (USD)

Well established 5 star rated full service Home Health Agency with stellar reputation, licensed in region 9 ((Palm Beach, Indian River, Martin, Okeechobee and St. Lucie counties) offering skilled and nonskilled services. Accredited by Joint Commission, Medicare Certified, enrolled in Medicaid with provider agreements in place with most of the private insurance companies. Services provided: Home Health Aide, Homemaker, Medical Social Services, Nursing Care, Occupational Therapy, Physical Therapy, Respiratory Therapy, Speech Therapy. It is a well-diversified operation: services patients from pediatric to geriatric age groups, with accounts in long term care facilities (ALFs), non-skilled as well as private duty and long-term care insurance clients. This diversification provides a better cash flow and increases security in case of unexpected regulatory changes with one insurer such as Medicare. The company currently operates only In Palm Beach County, expanding to the remaining counties under the existing license is additional growth opportunity. 5 star rating gives the agency not only an advantage in patient referrals, but also allows it to receive some hospital referrals that are reserved only to 5-star agencies.

This Florida based Home Health Agency for sale is presented by Sunbelt Business Brokers of South Florida, a division of SUNBELT, the largest organization of business brokers and M&A professionals in the world. With a local presence and global marketing reach, Sunbelt Business Brokers of South Florida has provided main-street and lower middle market business owners and buyers with unsurpassed deal expertise for nearly 20 years. For more information on this business for sale contact Lilia Berezkina at [email protected] -- ------------.

Property Information

Premises Details:

5000.00

Size in square feet:
3000 sq ft

Business Operation

Reasons for selling:

retirement

Trading hours:

Hours: 9-5 and on call

Employees:
Full Time: 15, Part Time: 300
Years established:
11

Other Information

Financing available:

Downpayment Required: $9,500,000

Furniture / Fixtures value:
$45,000 (USD) - included in the asking price

Contact Sunbelt of Boca Raton - West Palm Beach

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