Oct 2, 2019 — ILPD1C - $1.5 Million Private Duty Home Care Agency located in Northeast Illinois
Private Duty Home Care agency for sale based
in Northeast Illinois. The company has been in business since 2013 and provides non-skilled home
healthcare services, including live-in care, companionship, housekeeping, meal preparation,
assistance with ADLs, incontinence care, medication reminders, travel and appointment assistance,
and much more.
The payer mix is 95% Private Pay and 5% VA. Annual gross revenues in 2018 were $1.4 million. In
2019, they are projected to reach $1.5 million in revenue with an adjusted EBITDA of $378,969
(25.36%). Their current average census is a total of 40 patients, and they bill and average of 6,300
hours per month. All employees are expected to remain, and the sellers will assist during a short
transitional period. Ownership will be moving out of state, which is the reason for the sale.
The asking price for this opportunity is $1.5 million.