Innovative Business Advisors is honored to exclusively represent a home health care company desiring to sell. Our client serves a specific market in the Midwest and has long-standing customer relationships. This would be a great opportunity for those seeking to enter the home care field or for an existing company looking to grow by acquisition.
This family-owned business has clearly differentiated itself in the market. Revenues are stable at $3+ million projected for current fiscal year. This is a growing business with great potential for additional growth by adding additional payment sources, revenue streams, and expanding in the current market.
The company's key advantages are as follows:
1. Strong referral system leading to consistent reoccurring revenue.
2. In-house marketing team in place to allow owner to focus on operations.
3. Good mixture of private pay and Medicaid clients.
4. Large geographic market and reliable long-tenured staff.
5. Strong technology in place for timekeeping, bookkeeping, charting, assessments, and staffing.
