MergerPlace

Medicare Accredited Home Care Business

Florida (Miami-Dade)


  • Asking Price: $2,500,000
  • Gross Income: $3,205,967
  • Cash Flow: $593,476
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $42,164
  • Listing ID: #214632
  • Established: 14
  • Employees: 20 FT/ 2 PT

Business Description

Home Care agency established in 2005 providing experienced caregivers to individuals that require medical staffing. Medicare accredited for Miami-Dade and recently for Broward county, giving the business a huge growth opportunity. The company was selected to be the preferred provider of an important hospital group for Broward County. The business has a broad portfolio of referral sources including the most prestigious hospitals in the area. The business works with most of the private insurance companies. Great opportunity for a group looking to expand in this market or for anyone looking to enter the south Florida market. Highly Confidential.


Business Details

Primary Business Category: Health Care - Nursing & Residential
Location: Florida
County: Miami-Dade

Company Information

Year Established: 14
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 20 FT/ 2 PT

Financial Information

Asking Price: $2,500,000
Gross Revenue: $3,205,967
Cash Flow: $593,476
FF&E: $42,164
Seller Financing Available: No

Property Information

Facilities:

The business properly located close to one of the most important referral sources. The location is rented through 07/2020. Options to renew are negotiable. The size of the office is 2,800 sq ft.

Growth & expansion opportunities:

The business recently got the Medicare license to operate in Broward county which gives the business an important growth opportunity as the platform is set up, as well as the expertise and referral sources.

Competition:

There are several home care companies in Miami-Dade county, however many of them do not have Medicare accreditation. There was a moratorium of Medicare accreditation's for many years for Miami-Dade and Broward. This business differentiates from others through their recognition, by being hospital accredited and also by having a Join Commission Accreditation. Many home care agencies do not have this accreditation.

Reason for selling:

Retirement.

Support & Training:

Will train for 3 weeks @ no cost.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Andy Fischer

Murphy Business Brokers