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This Business has been Sold!
Closing Date: 08/11/2023
Business for Sale Summary

Home Care Registry - 35470

Business Type: assets only sale,health/medical/dental practices,healthcare related services,home-based business,misc. service/non-classifiable,other personal services,adult homecare assisted living
Sold
Home Care Registry
On August 11th 2023, The Undersigned
Acted as the Advisor to the Deal
Joseph Stansky Esq
Joseph Stansky Esq Senior Broker
Servicing: Nassau County, NY
All of NJ
All of CT
All of PA
All of MD
All of NC
All of SC
All of MA
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $490,000 Down Payment $490,000
Gross Revenues $148,936 Lease Remaining Register Free to View
Owner’s Cash Flow $11,201 Number of FT Employees Register Free to View

Financing

$490,000 Down and

Business Description

Newly Established (2021) Pennsylvania Home Care Services Agency (Registry) and CDPAP (consumer directed agency) for sale. Licensed to provide PCA, HHA and skilled RN nursing services. Agency has three hard to obtain MCO contracts. Making this four contracts in Regions 1, 7, 8, and 9 highly scalable. The agency is also approved as a home delivery meal provider in the same region. At present just two patients and two aides. Seller is too busy with other healthcare companies and is out of state. Medicaid accreditation. This sale is not based on any financials and there are no gross or net income representations being made. Current billing is $3600 bi-weekly. Owner does billing, payroll and coordination. This agency is located in Montgomery County, but the Home Care Registry is licensed to operate region 7 (Berks, Carbon, Lehigh, Northampton and Schuylkill County); Region 8 (Bucks, Chester, Delaware, and Montgomery County) and Region 9 (Philadelphia). This is an opportunity for a buyer to build a large home care network with the infrastructure created by the seller. Licenses for Home Care services requires a difficult and lengthy process to obtain. MCO contracts are even more difficult to obtain. There has been tremendous growth in this field as the need for these services has sharply increased. The demand is even higher now in the Covid recovery as many similar agencies have closed down. We are seeking a serious and financially qualified buyer. Proof of funds and relevant healthcare experience will be requested prior to a call or meeting with the seller. Call, text or email Joe Stansky today at 631-383-3109 or jstansky@vestedbb.com.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.