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A multidisciplinary Medicare-certified home health agency in business since 2006, serving northern California’s Bay Area/Silicon Valley/San Jose metro area. The company provides in-home skilled nursing and health aide, home infusion services, wound care, rehabilitation, and social services. In addition to its Medicare license, the company has 10 highly coveted, under-served insurance contracts, which includes Kaiser, Stanford, Santa Clara Family Health Plan, and Sutter Health, among others. With a census of 70 patients, they are consistently receiving incoming referrals from insurances, hospitals, SNFs, and doctors.
The company had a gross revenue of $1.8 million in 2019 (July-June fiscal year) and is expected to reach $2 million in revenue in 2020 despite the implications of the COVID-19 shutdown. They are projecting a $350,000 adjusted EBITDA for 2020, demonstrating growth from 2019.
The staff is expected to stay on, and the seller will accommodate a transitional period as needed. If preferred by the purchasers, the current owner is willing to stay on for at least a year in a management/advisory position.
The asking price for this business is $1,000,000. The purchaser may acquire the business operation out of the owning corporation or may purchase the entity itself, subject to discussion and negotiation.
For qualified prospective buyers, a detailed Confidential Business Review with current financials is available.
Note: All data on this business are provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made NO independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.