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Business for Sale Summary

Home Care Agency in Kings County, NY - 32266

Business Type: health/medical/dental practices,healthcare related services,seller financing available,adult homecare assisted living
Owner Financing
Home Care Agency in Kings County, NY
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Financial Information (non-confidential)

General Information
Asking Price $7,000,000 Down Payment $5,000,000
Gross Revenues $12,642,000 Lease Remaining Register Free to View
Owner’s Cash Flow $1,373,823 Number of FT Employees Register Free to View


$5,000,000 Down and Seller will finance balance with qualified buyer

Business Description

For existing Home Care Agency owners: Licensed Home Care Service Agency (LHCSA) available for purchase. Licensed in the 5 boroughs and Westchester. This license presents value to those who understand the industry. Provides Home Health Services, specializing in the physically impaired with almost 200 Aides servicing 160 patients including sixteen (16) 24 hour live-ins. Also, Spanish and Russian proficiency. Uses HHA Exchange software for seamless operational, compliance and billing capabilities. 2020 Net Income was over $1.3M on $9,632M gross revenue. Little marketing to hospital discharge and social workers, etc. RN's work per Diem re-assessing all patients every 6 months. 24-hour observations are provided to evaluate if extra hours are required. All Medicaid. Billing done in house. There has been tremendous growth in this field as the need for these services continues to grow. Dept of Health allows Home Care License TRANSFER to EXISTING LHCSA OWNERS ONLY. Buyers will have to provide the name of their Home Care Agency and significant proof of liquid funds (At least $2 million) for the name of the Home Care Agency and a meeting with the owner. Financials will be provided after a scheduled appointment by the broker with this motivated seller. Call Nathan Goldstein today.

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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.