HomeCare & CDPAP Agency for sale in NY - 35289 Business Type: healthcare related services,misc. service/non-classifiable,other personal services,owner financing available,adult homecare assisted living
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $2,100,000 | Down Payment | $1,600,000 |
| Gross Revenues | $2,492,813 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $636,966 | Number of FT Employees | Register Free to View |
Financing
$1,600,000 Down and TBD
Business Description
Long established (9 years) New York Home Care and CDPAP Agency. Coveted, almost impossible to get Home Care and CDPAP licenses. It has 40 cases and 60 Personal Care Aides (PCAs). Licensed for skilled (RN/LPN) and unskilled (PCAs) care. Four (4) CDPAP cases. Currently focused on unskilled care. Licensed for Nassau, Suffolk and New York City. Agency maintains a small NYC office and one patient in Queens to keep NYC licenses active. Opportunity to expand agency and CDPAP in the 5 boroughs of NY City. Contracts with NYS Medicaid, Veterans Admin, Suffolk Office of Aging, Suffolk Dept. Health Services, VNSNY and 4 other payers. Bills over 2000 per week. CDPAP billing is 150 hours per week. Fully integrated software with all payers. 3 office staff include owner and 2 RNs to open and assess cases. No long-term insurance currently but accepts LT Care and private pay. Owner is looking for a qualified buyer that is a NY based homecare agency or similar health care organization. No Private equity. Proof of funds of $2m and healthcare bio is required for the owner’s approval to disclose their name and location for a call or meeting. No financials will be provided prior to a call or meeting with the owner. Contact broker Joseph Stansky for more information.
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