Description

Home Care agency for sale in Northern New Mexico. The company has been in business for over 13 years and services a 4 county region as an MCO contractor. They are also a statewide provider of Private Duty services. Their core services include professional health care and life assistance services to the elderly and disabled, including personal care, light housekeeping, errands, laundry, meal preparation for special diets, medication reminders, grooming, respite, and much more.

The payor mix is 99% Medicaid and 1% Private Insurance. Their current census is 86 consumers. In 2016, gross revenues were $1,337,529 with an adjusted EBITDA of $224,096 (16.75%). The seller feels that growth can be achieved with increased marketing efforts and expansion into other counties.

The seller will accommodate a transitional period as needed but wants to retire. The company has a strong base of employees that are available to stay on and the seller is not involved in the day to day. The asking price for this opportunity is $900,000.

If you would like to learn more, please contact us for a Confidentiality Agreement that will allow us to share more detailed information with you.