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Home Care Agency With Personal Care In Manhattan For Sale

Manhattan, New York, US
Asking Price:
$23,000,000 Furniture / Fixtures included
Sales Revenue:
$75,000,000
Cash Flow:
$4,900,000

Home Care Agency - Personal Care / Very Busy and Growing

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: $4,900,000
• 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.

Property Information

Location:

Manhattan, NY (New York County)

Size in square feet:
3,000

Business Operation

Competition / Market:

1500 other agencies.

Reasons for selling:

Turbulance in industry.

Employees:
1500
Years established:
2005

Other Information

Support & training:

Seller will stay during until closing and additional time if required.

Furniture / Fixtures value:
$50,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Inbar Group, Inc.

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