(LOI) Home Care Agency NYC-Skilled Nursing Services and Personal Care

Price: $5,000,000

Location: Queens, NYC

Industry: Health Care and Fitness

Listing ID: 07282023

This agency is a leading full-service home care agency licensed by New York State Department of Health to provide Home Health Aide, Personal Care and Nursing services . For over Twenty Five years, they provide services throughout Manhattan, Brooklyn, Queens, Bronx, Staten Island and Nassau County.

Seller is planning her retirement and would like to sell  the agency at this time to a “hands on” operator that will take over the day to day running of the agency. Seller believes that a marketing focused partner will be able to bring the agency to perform at larger volumes.

  • • Revenue 2022 – $ 10,990,000
    • SDE 2022- $ 1,050,000
    • 7 Office Employees
    • 150 Aides and Nurses
    • Rent – $5400
    • Biweekly Payroll – $ 330,000
    • Established – 1996
    • Licensed 5 Boroughs NY and Nassau
    • Payors- MCO/MLTC/Private
  • Skilled Nursing
    HHA MLTC
    HHA Private
    Medicaid
    Private Nursing

Listing Details

Cash Flow: $1,050,000

Operation

Year Established: 1996

Employees: 7

Location

Security on Lease: 10800

Monthly Rent: 5400

Type of Location: Single location

Square Footage: 3000

Facilities Information:

Nice professional office setting ,center of county , near subway and bus.

Summary

Potential Growth:

There is plenty of room for potential growth and expansion.