1. Home
  2. Businesses for Sale
  3. New Jersey
  4. Adult Homecare Assisted Living
This Business has been Sold!
Closing Date: 01/26/2023
Business for Sale Summary

Home Heathcare Agency for sale in NJ - 35016

Business Type: healthcare related services,home-based business,misc. service/non-classifiable,other personal services,adult homecare assisted living
Sold
Home Heathcare Agency for sale in NJ
On January 26th 2023, The Undersigned
Acted as the Advisor to the Deal
Gerald Nimberg
Gerald Nimberg Senior Broker
Servicing: Burlington County, NJ
Mercer County, NJ
New Castle County, DE
Philadelphia County, PA
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 $595,000 Down Payment $595,000
Gross Revenues $650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $120,000 Number of FT Employees Register Free to View

Financing

$595,000 Down and

Business Description

A non-franchised, non-skilled home health care business is now available in Essex County, New Jersey. Established in 1997, this business has been in operation for 25 years. It is accredited by the Commission on Accreditation for Home Care, licensed and certified by State of New Jersey Medicaid Department. The business is credentialed by 10 leading health care insurers/Managed Care Organizations which include the Division of Senior Care Services’ programs such as Respite Care and Jersey Assistance for Community Care (JACC), Division of Developmental Disabilities, Veterans Administration for Veteran Care and the business accepts private pay and Long-Term Care Insurance. The business enjoys an unparalleled robust referral network of government agencies, insurers and faith-based organizations. In addition, it has a professional administrative staff and seasoned service providers of composed of Certified Nursing Assistant (CNA), Registered Nurse, Certified Home Health Aides and Companion Care workers. There is a tremendous opportunity for expansion to grow within Essex County as its limiting factor heretofore has been labor- Certified Home Health Aides; however, the labor market is loosening, and the company has recently added both Aides and patients and CY2022 promises even greater growth. Moreover, the Company’s foundation is set to operate remotely, expand to other counties or to focuson providing skilled nursing care services. The owner is selling due to retirement, but she is an invaluable resource to continue as a consultant. Her accolades include Government Affairs experience from the pharmaceutical industry and was recently appointed as a Board Member of the Home Care Association of America and has numerous certifications in the field of home health care, including a Certified Dementia Care Practitioner. For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.

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.