UNDER CONTRACT- Licensed Home Care Service Agency – Special MassHealth Program

Price: $18,000,000

Industry: Health Care and Fitness

Listing ID: 33474806-CO

The Gold Standard in Accredited Adult Care & Licensed Home Health Care Services.
An extraordinary opportunity to acquire a premier, fully accredited and established healthcare company.
The agency is a leader in the long-term adult foster care sector, combining high-barrier-to-entry licensing with exceptional financial performance.
________________________________________
• Asking Price: $18,000,000
• Gross Revenue: $12,000,000
• Sellers Discretionary Earnings: $3,800,000 for year-end 2025.
• Annual Lease: $157,290
• 5000 sq ft office
• Established 2011.
• 45 administration related employees.
• 450 Care Givers.
________________________________________
This agency possesses a comprehensive range of credentials that ensure high reimbursement rates and long-term contract stability.
The following licenses create a significant competitive advantage:
• MassHealth Adult Foster Care Provider License.
• MassHealth Group Adult Foster Care provider license.
• MassHealth Critical Nursing provider license.
• Medicare and Medicaid Home Health Care Provider license.
• NCQA 3-Year Adult Foster Care Accreditation license.
• CHAP Home Health Care Accreditation license.
________________________________________
• Fully staffed with professionals and established management protocols.
• Office environment ,in metro market, RE 0wned by sellers. Not offered for sale.
• Existing accreditations allow for immediate expansion into new territories and additional service lines.
• Consistent Very High Sellers Discretionary Earnings results.
• Located in a Tier-1 Metro market, growth opportunities exist.
• Dynamic, existing, referral pipeline.
• Over 450 Cases /Patients managed daily.

Gross Revenue: $12,000,000

Cash Flow: $3,800,000

Reason for Sale:

Retirement

Training & Support:

Seller will help in transition

Year Established: 2011

Days & Hours of Operation: Mon. - Fri. 9AM - 5PM

Employees: 45 FT Admin employees & 450 Care Givers

Security on Lease: 16,000

Lease Option: yes

Monthly Rent: 13107.50

Square Footage: 5,000

Competition:

Similar businesses

Potential Growth:

Growing cliental