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Business for Sale Summary

Home Care Agency for Sale in New York - 36484

Business Type: health/medical/dental practices,healthcare related services,illness forces sale!,misc. service/non-classifiable,must sell/drastic price reduction!,other personal services,adult homecare assisted living
Home Care Agency for Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $600,000 Down Payment $600,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$600,000 Down and

Business Description

HOME CARE LICENSE Now available is an active New York State Licensed Home Care Agency (“LHCSA”) licensed in the Bronx, Westchester and in the Hudson Valley(Rockland, Orange, Sullivan, Ulster and Dutchess). The Agency provided high tech nursing services and paraprofessional services. The services offered included complete range of home health care services to pediatric and adult patients. Payers included major insurance companies, long term care insurance companies, school districts, MLTC organizations, and private pay. The Agency has Joint Commission Accreditation, Medicaid provider identification numbers for skilled, RN & LPN services and unskilled PCA services. Active New York State Medicaid license for skilled and unskilled Home Health Care (LHCSA). Features a multi month (9-18 months) time and money savings for those entering the market. Licensed for Nursing, Home Health Aide, Personal Care, Physical and Occupational Therapy, Speech, Nutrition, and Medical Social work. The agency license address is in Rockland County but it can operate in all the desirable counties the Hudson Valley. This license presents value to those who understand the industry. Provides Home Health Services, given at home, to recovering, disabled, or chronically ill people. The agency was active for 33 years until seller’s health crisis i n Sept. 2022. No financial representations are being made, and no lease to assume. This sale features an established & recognized name in the marketplace, a turnkey business sector. The seller is willing to provide the buyer with short term and/or ongoing consultation. This agency holds a valid business license for homecare and also Medicaid “Waiver” licensing/credentialing, ensuring compliance with all necessary regulations. The process from incorporating to receiving Medicaid Waiver credentialing takes roughly 1.5 years. Don't miss out on your opportunity to save time and expense to get into the Healthcare industry. The seller still maintains relationships with facilities, referral sources, insurances, and staffing to assist the buyer in transition. The seller still gets referrals from various entities. Under a Management Agreement a buyer can immediately begin operating the agency and begin finding patients and providing services to get the 25-patient threshold. Pending NYS DOH approval of license transfer. License for Home Care services in New York requires a difficult and lengthy process to obtain. There has been tremendous growth in this field as the need for these services has sharply increased. This demand is even higher now in the Covid recovery as many similar businesses have closed down. We are seeking a serious, local buyer with an operational healthcare patient care background; that can close quickly; staff and acquire patients to keep these licenses active for DOH transfer approval before the end of the year. Proof of funds and relevant patient care experience will be required before a call with the owner. No Private equity will be considered. Call, text or email Joe Stansky today on 631-383-3109 or jstansky@vestedbb.com.

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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.