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Business for Sale Summary

Home Care Agency For Sale in Connecticut - 34897

Business Type: health/medical/dental practices,healthcare related services,other personal services,adult homecare assisted living
Home Care Agency For Sale in Connecticut
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Financial Information (non-confidential)

General Information
Asking Price $650,000 Down Payment $650,000
Gross Revenues $416,000 Lease Remaining Register Free to View
Owner’s Cash Flow $60,000 Number of FT Employees Register Free to View

Financing

$650,000 Down and

Business Description

Brand new (2021) Adult Homecare Connecticut Home Care Agency. Since January billing has grown from $8,000 a week to $18,000 per week currently and growing. Patient Population has grown from 9 to 22 with many more waiting approvals. This business services a niche disabled population for which DDS pays a higher hourly rate. Non-medical care. Now licensed to service all populations in Ct. Initial assessment by the Director of Nursing to determine level of care. Located in a brand new 11,000 sq ft facility cost $300,000 to buildout one year ago. Opportunity to offer home care services throughout the entire state and to also offer AFL (Adult Family Caregiving) services. The reason for the sale is that the working partner must exit the business. It's hard to obtain a home care license that covers the entire state of Connecticut. Long lease. Fully integrated software is provided by the state Sundata-Ct and CTD SMAB. No net income representation is being made. Owners seek a buyer that can provide proof of funds and, more importantly, has relevant senior care experience. This is required for the name and location of the agency followed by a call or meeting with the owners. The Home Care Agency (Listing # 34897) shares the facility with a Social Adult Day Care (Listing # 34896) that services the same niche population. Listing # 34896 (SADC) is offered for sale together with this Home Care Agency. Contact broker Joseph Stansky with your background and Proof of funds.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.