This home care agency focuses on Non-Medical in home care. The present owner has chosen to operate in a specific area and is the industry leader in their market. At present the book of business consists of 50% private pay and 50% Medicaid. The agency is run very efficiently with a small office staff and the owner – under 5 employees. Business is run as a dual model agency.
Growth/Expansion Opportunity: The new owner could easily expand the business by adding 24/7 care; advertising and pursuing (additional) private care business.
Facilities: Business currently operates out of a commercial office space of approximately 2,000 sq ft. The agency owner owns the Real Estate. Owner willing to sign a favorable long term lease for the office building.
Reason for Sale: Seller Retirement;
Financing: SBA pre-approved – with 30% down; Seller willing to hold 10% note
Asking Price $1,700,000
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