Licensed Home Care Services Agency 5 Borough NYC, Westchester, Nassau and Suffolk – New York

Price: $11,000,000

Location: New York County, New York

Industry: Health Care and Fitness

Listing ID: 10302020

THIS BUSINESS IS SOLD

Well established Licensed Home Care agency located in Queens, Brooklyn and Long Island offering an extensive range of services including variety of essential services for individuals.

The agency features the area’s finest team of services that are included but not limited to – Skilled Nursing, Physical Therapy, Occupational Therapy, Speech Therapy, Home Health Aide, Personal Care Services and CDPAP programs.

Significant sales & profits are well within reach of a qualified entrepreneur /existing LHCSA /Private Equity group with passion, drive, energy, & commitment.

The Owners are Operating a school in Queens, Long Island and Brooklyn under an additional entity. Teaching HHA, PCA and Phlebotomy classes. Asking Price includes the school. 3 LHCSA licenses by the New York State Department of Health. The School is licensed by the department of Education state of NY.

Please note - For existing LHCSA owners, this is a good opportunity to Improve your case load count and strength with the MLTC’s and Payors.

Must be licensed to operate. Be ready to a Long Change of Ownership process that is being dictated by the DOH state of NY.

LHCSA is Active under 3 DOH separate LHCSA’s. 5 boroughs NYC, Westchester, Nassau and Suffolk.

This business is priced well for today LHCSA environment with a highly motivated seller. For more information please contact me mainbar@inbargroup.com

Owner Qualifications:

Owned by an owner who is over worked and will be available to further consult on the operation

very tough environment ,830 cases, estimated 30,000 hours services weekly.

Owned by an owner who is overworked -very tough environment

Asking Price: $11,000,000
• Down Payment: Negotiable as per license process.
• Annual sales: $38,000,000
• Annual Cash Flow: $2,400,000
• CDPAP revenue is $14,000,000 out of the Annual Receipts.
• Monthly Rent: $8,000 (Brooklyn), $7,000 (Queens), $3,400 (Long Island)

Established: 1996
• 3 Offices Size: 3,500 Sq Ft (Brooklyn) and 2,500 Sq Ft (Queens) and 2,00 Sq Ft (Long Island)
• Employees: Estimated 1800  /830  Cases.
• Full-time/Part-time Staffing

Operation Hours: 7 Days a week 24/7
• Medical Staffing.
• Clerical and Office staffing
• Estimated 30,000 hours performed per week.
• Down Payment: To match change of ownership challenges.
• Monthly Rent: Favorable long term Leases in 3 location LHCSA is Active under 3 DOH separate LHCSA’s.

Note: Buyer needs to be licensed by the Department of Health. Complex licensing Process

Gross Revenue: $38,000,000

Cash Flow: $2,400,000

Terms & Conditions:

Down Payment: To match change of ownership challenges.
Monthly Rent: $8,000 (Brooklyn), $7,000 (Queens), $3,400 (Long Island)
Favorable long term Leases in 3 location LHCSA is Active under 3 DOH separate LHCSA’s.

Reason for Sale:

Owner is seeking retirement.

Training & Support:

Owners will train and support.

Year Established: 1996

Days & Hours of Operation: Seven Days week 24/7

Employees: 1800/ 830 Cases

Monthly Rent: Monthly Rent: $8,000 (Brooklyn), $7,000 (Queens), $3,400 (Long Island)

Type of Location: Modern Facilities

Square Footage: 3 Offices Size: 3,500 Sq Ft (Brooklyn) and 2,500 Sq Ft (Queens) and 2,00 Sq Ft (Long Island)

Owner Qualifications:

Owned by an owner who is over worked and will be available to further consult on the operation. very tough environment ,830 cases, estimated 30,000 hours services weekly. Owned by an owner who is overworked -very tough environment

The Owners are Operating a school in Queens, Long Island and Brooklyn under an additional entity. Teaching HHA, PCA and Phlebotomy classes. Asking Price includes the school. 3 LHCSA licenses by the New York State Department of Health. The School is licensed by the department of Education state of NY.

Must be licensed to operate. Be ready to a Long Change of Ownership process that is being dictated by the DOH state of NY.

Potential Growth:

Plenty room for potential growth