Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Medicare Accredited Home Care Business Since 2005 For Sale

Miami-Dade County, Florida, US
Asking Price:
$1,900,000 Furniture / Fixtures included
Sales Revenue:
$2,939,339
Cash Flow:
$446,497

Home Care agency established in 2005 providing experienced caregivers to individuals that require medical staffing.

Medicare and Medicaid certified for Miami-Dade and Monroe and recently for Broward County.

The business has 2 offices.

All insurance contracts have already been transferred to Broward.

Current census is 350 (80% Medicare and 20% Medicaid).

Broad portfolio of referral sources including the most prestigious hospitals in the area.

The business works with most of the private insurance companies.

This is a great opportunity for a group looking to expand in this market or for anyone looking to enter the South Florida market.

Great potential through the development of Broward.

Note this business sale is Highly Confidential.

Property Information

Real Estate:

Lease

Premises Details:

There are 2 offices. Miami is $4,230 for 1,400 sq ft and Broward 350 sq ft for $1,500. Both office buildings.

Business Operation

Expansion Potential:

The business recently got the Medicare license to operate in Broward county which gives the business an important growth opportunity as the platform is set up, as well as the expertise and referral sources. All existing insurance contracts in Miami were transferred to Broward, so the office in Broward is set up for growth. The company is in the process of hiring nurses.

Competition / Market:

There are several home care companies in Miami-Dade county, however many of them do not have Medicare accreditation. There was a moratorium of Medicare accreditation's for many years for Miami-Dade and Broward. This business differentiates from others through their recognition, by being hospital accredited and also by having a Join Commission Accreditation. Many home care agencies do not have this accreditation.

Reasons for selling:

Retirement.

Trading hours:

Monday-Friday 8:30am-5:30pm

Employees:
20 FT
Years established:
19

Other Information

Support & training:

Will train for 3 weeks @ $0 cost.
Needs to be a Joint Commission accredited organization, Medicare and Medicaid accreditation.

Financing available:

Lender pre-screened with $190K down.

Furniture / Fixtures value:
$42,564 - included in the asking price
Relocatable:
This business can be relocated.