Home Health Care Business in Pennsylvania - 36125 Business Type: healthcare related services,misc. service/non-classifiable,other personal services,adult homecare assisted living
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Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $775,000 | Down Payment | $775,000 |
Gross Revenues | $950,000 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $0 | Number of FT Employees | Register Free to View |
Financing
$775,000 Down and Seller open to financing for a qualified buyer.
Business Description
Don't miss out on your opportunity to save time and expense to get into the Healthcare industry.
This company offers BOTH Skilled and Non-Skilled Licensee's in the highly desirable Philadelphia and surrounding counties of Bucks, Montgomery, Chester and Delaware.
Medicare credential approval process is in the final step of approval! The company is Medicaid approved in ten counties.
While the company does not have any direct MCO contracts they can place these clients through a third party. Both Health Partners and Aetna who are entering market 1/25 have been applied to and awaiting final approval.
A highly lucrative and profitable contact from a long term insurance company has been acquired which provides longer term referrals. The private insurance company has about 2500 hundred patients.
Through the extensive development of strong partnerships with approximately 10 facilities, where referrals from social workers are common, they are currently servicing 10 Medicaid patients and 12 private pay.
There are additional Medicaid patients awaiting authorizations.
The weekly billing averages between $19,000 - $22,000 reflecting our steady growth and commitment to quality care.
Currently there are 28 active caregivers and 20 nurses, with a growing wait list of caregivers awaiting processing.
Despite being a young company, the company has demonstrated profitability while prioritizing delivering exceptional care over profits.
The Owner has suggested he would entertain conversations of a partnership with a suitable buyer.
This is a turnkey, growing, profitable company with licenses, contracts and staffing in place. Do not miss out on this one! Contact the broker Jerry Calabrese at 610-442-9107 to learn more.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement.
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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.
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