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Well-Established Home Healthcare Provider For Sale

Lake County, Illinois, US
Asking Price:
$1,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$981,926
Cash Flow:
$33,299

This listing is for an established provider of comprehensive home health services, catering to the needs of clients in the North Chicago suburbs that is available to a qualified buyer. With a specialization in skilled nursing, physical therapy, occupational therapy, speech pathology, home health aid, private duty CNA, wound care, and infusion services, and much more, this business is committed to delivering top-notch care to individuals in the comfort of their own homes.

With an extensive network of over 60 insurance companies, this business ensures that clients have access to the care they need without financial barriers. Their clientele primarily consists of referrals from case workers and hospitals, reflecting the trust placed in our expertise and dedication to client well-being. This care provider receives approximately 1,700 referrals from case workers, hospitals, doctor’s offices and more yearly and are only able to serve a fraction of that due to a national nursing shortage. A buyer can realize a six-figure income with the business.

Licensed in six counties including Lake, Cook, DuPage, McHenry, Will, and Kane, they hold invaluable regulatory approvals, enhancing its market position and facilitating seamless expansion into adjacent areas. The business boasts over two decades of establishment in the community, earning a stellar reputation for excellence and reliability. Their commitment to quality care and client satisfaction has solidified their position as a trusted partner in the local healthcare landscape.

With assets valued at over $1,000,000, the business sale offers a unique opportunity for investors to acquire a profitable enterprise with substantial growth potential. The main assets, including licenses and outstanding receivables, represent significant value, with home health licenses alone estimated at approximately $500,000.

If you would like more information about this business, or if you would like to schedule a site visit, please contact the listing agent either online or by phone. Online inquiries will be replied to with an email from an address with a required NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from the agent within 24 hours, please contact them by phone.

Property Information

Real Estate:

Lease

Lease Terms:

$5,400/Month. Expiring 12/31/2027

Leasehold Rent:

$64,800 per annum

Location:

North Chicago Suburbs. Lake County. Relocatable.

Premises Details:

2,200 sq ft office/storage. Available for lease at $5,400/month expiring December 2027.

Size in square feet:
2,200

Business Operation

Expansion Potential:

Accept more referrals, Add extended care, Wells care, Referral management, add more nurses.

Reasons for selling:

Retirement/Personal Reasons

Employees:
20
Years established:
19

Other Information

Support & training:

Owner will train the buyer for up to 4 weeks.

Furniture / Fixtures value:
$512,000 - included in the asking price
Inventory / Stock value:
$40,000 - included in the asking price
Relocatable:
This business can be relocated.