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Listed by:

Armen Nazarian Business Brokers

Medical Home Health Care For Sale

Detroit Area, Michigan, US
Asking Price:
$1,125,000
Sales Revenue:
$1,668,000
Cash Flow:
$375,000

This is an amazing opportunity to own a seasoned Skilled Home Health Care Agency serving the Metropolitan Detroit Area. Established in 2012, this is an award-winning agency, recognized by Michigan Celebrates Small Businesses as a 2022 Business to Watch for growth and quality. There is 20+ caregivers that provide compassionate, high-quality, patient-centric in-home care to a diverse population of 110 to 125 patients on a daily-basis all throughout Wayne County. Services are offered to seniors, the disabled, those receiving various therapies, permanent and temporary conditions that impede physical activities and that require assistance for activities of daily living (ADLs). Services provided include Skilled Nursing, Physical Therapy, Occupational Therapy, Speech Therapy, Medical Social Work and Home Health Aide assistance. These services are always sought after and in high demand and the need for them has only grown tremendously since the start of the pandemic. The agency is certified by the Center for Medicare and Medicaid Services (CMS) and in-network with most Medicare HMO plans and programs. Additionally, the agency has a strong referral base of physicians, specialists, and hospital discharge planners. Current owner does no advertising... a new owner can expand offerings, locations, and services. HUGE opportunity to offer hospice services and palliative services. A must see/must have business that will not disappoint. Seller will train, introduce buyer to all key referral sources and entertain all reasonable offers!! Call Armen Nazarian Business Brokers

Property Information

Real Estate:

Lease

Location:

This is an amazing opportunity to own a seasoned Skilled Home Health Care Agency serving the Metropolitan Detroit Area.

Premises Details:

Established in 2012, this is an award-winning agency, recognized by Michigan Celebrates Small Businesses as a 2022 Business to Watch for growth and quality. There is 20+ caregivers that provide compassionate, high-quality, patient-centric in-home care to a diverse population of 110 to 125 patients on a daily-basis all throughout Wayne County. Services are offered to seniors, the disabled, those receiving various therapies, permanent and temporary conditions that impede physical activities and that require assistance for activities of daily living (ADLs).

Size in square feet:
1,800

Business Operation

Expansion Potential:

Current owner does no advertising... a new owner can expand offerings, locations, and services. HUGE opportunity to offer hospice services and palliative services. A must see/must have business that will not disappoint.

Reasons for selling:

Other Business Obligations

Employees:
3 FT / 26 PT
Years established:
11

Other Information

Support & training:

Seller will Train

Financing available:

$1,125,000 with $125,000 down