Licensed private duty home care agency for sale in the San Francisco Bay area of California. The company is licensed by the California Department of Health to provide both skilled and non-skilled home care services. They service a 3 county area.
The company’s business mix is 90% private pay and 10% Long Term Care insurance. Gross revenues have been in the $1.1 Million to $1.2 Million range over the past few years. They are currently on track to reach $1.2 Million in 2017 with an adjusted EBITDA over $190,000 (16%). Their current census ranges from 25-35 clients, of which 5 receive 24 hour or live-in care. The seller feels there is ample room for growth through a strong marketing campaign
The sellers would like to retire, but the rest of the staff, including key personnel, are expected to stay on. The asking price for this opportunity is $900,000.
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