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Lhcsa Five Borough In New York County For Sale

New York County, New York, US
Asking Price:
$11,000,000
Sales Revenue:
$38,000,000
Cash Flow:
$2,400,000

***IN LOI***
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 [email protected]

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

Property Information

Real Estate:

Lease

Lease Terms:

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.

Location:

New York County

Business Operation

Expansion Potential:

Plenty of room for potential growth

Employees:
1880
Years established:
1996

Other Information

Support & training:

Owners will provide training and support

Contact Inbar Group, Inc.

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