Home Care Agency – Personal Care / Very Busy and Growing

Price: $23,000,000

Location: Manhattan

Industry: Health Care and Fitness

Listing ID: 03222020

Manhattan, NY (New York County) (Relocatable)

Asking Price: $23,000,000

Cash Flow: $4,990,000

Gross Revenue: $75,000,000

EBITDA: N/A

FF&E: $50,000

Inventory: N/A

Rent: $9,000 /Month

Established: 2005

Business Description

Motivated Seller- Priced Well

Licensed by the New York State Department of Health. Well established Licensed Home Care agency located in New York City 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. For existing LHCSA owners ,This is a good opportunity to Improve your case load count and strength with the MLTC’s and Payors.

• Asking Price: – $23,000,000
• Annual Cash Flow: $4,990,000
• Annual Receipts: $75,800,000
CDPAP revenue is $38MM out of the Annual Receipts.
• Down Payment: Negotiable
• Monthly Rent: Favorable long term Lease can be negotiated.
• Established: 15 years
• Days Open: 7 Days
• Owned by an owner who “had enough” -very tough environment ,2000 cases,1500 Aides,
Active NYC , Westchester, Nassau.

Listing Details

Gross Revenue: $75,000,000

Cash Flow: $49,990,000

FFE: $50,000

Terms and Conditions?:

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

Reason For Sale:

Owned by an owner who "had enough" -very tough environment ,2000 cases,1500 Aides,
Active NYC , Westchester, Nassau.
Turbulance in Industry

Training & Support:

Sellers will train

Operation

Year Established: 2005

Days & Hours of Operation: 7 Days

Employees: 1500

Location

Monthly Rent: Down Payment: Negotiable • Monthly Rent:9000 Favorable long term Lease can be negotiated.

Type of Location: Modern Facilities

Square Footage: 3000

Relocatable?: Yes

Facilities Information:

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.

Summary

Historical Summary:

Motivated Seller- Priced Well

Licensed by the New York State Department of Health. Well established Licensed Home Care agency located in New York City 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. For existing LHCSA owners ,This is a good opportunity to Improve your case load count and strength with the MLTC’s and Payors.

• Asking Price: – $23,000,000
• Annual Cash Flow: $4,990,000
• Annual Receipts: $75,800,000
CDPAP revenue is $38MM out of the Annual Receipts.
• Down Payment: Negotiable
• Monthly Rent: Favorable long term Lease can be negotiated.
• Established: 15 years
• Days Open: 7 Days
• Owned by an owner who “had enough” -very tough environment ,2000 cases,1500 Aides,
Active NYC , Westchester, Nassau.

Owner Qualifications:

Owned by an owner who “had enough” -very tough environment ,2000 cases,1500 Aides,
Active NYC , Westchester, Nassau.