Licensed Home Health Care Agency (LHSCA) NY – (LOI)

Price: $6,000,000

Location: New York, New York

Industry: Health Care and Fitness

Listing ID: 05072019

Under Contract***

Licensed by the New York State Department of Health.  This Home Care Agency provides a wealth of services some in which include trained, licensed, and experience personal care and home health aides, skilled nursing,social working professionals and CDPAP Services.

• Privately owned by owner who is seeking other interests.
• Management in place.
• 2 office locations- Bronx/Brooklyn
• Annual sales- $ 12,000,000
• Annual Seller’s Discretionary Earnings – $ 1,400,000
• Established 2006.
• Office Building Size 1200+ /1500+
• 259 Employees.
• Full-time/Part-time Staffing
• Medical Staffing.
• Clerical and Office staffing

• Annual Rent $131,000
• Security Deposit Amount- 2 months
• Asking Price: $6,000,000

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

Gross Revenue: $12,000,000

Cash Flow: $1,400,000

Seller Financing: Yes

FFE: $25,000 (Included in price)

Reason for Sale:

Other interest

Training & Support:

Sellers will train

Year Established: 2006

Days & Hours of Operation: (Offices) Monday- Friday 9am - 5pm

Owner Hours Per Week: 40hrs

Employees: 259

Security on Lease: 2 Months

Monthly Rent: 131000- Annual

Square Footage: 1200+ 1500

Relocatable: Yes

Facilities Information:

Office Environment-Modern

Competition:

Other Agencies are very active in the geography.