MergerPlace

Independent Home Health Care Company

Cincinnati, Ohio (Hamilton)


  • Asking Price: $379,000
  • Gross Income: $548,700
  • Cash Flow: $125,800
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $2,500
  • Listing ID: #205711
  • Established: 1993
  • Employees: 30

Business Description

This home health care service company has been owned and operated by the original retirement aged owner for over 25 years. This company strives to assist individuals and families maintain a high quality of life while also being able to stay at home. Other services include: personal care needs, respite care, dementia and Alzheimer’s care, and medical monitoring. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

SBA loan qualified
Short or long term care
Long time office manager on staff
Private pay and medicare patients
No advertising or marketing ever done
This is not a franchise– it is independent
Scheduling software utilized in their operation
Clean books and records – all numbers are verifiable


Business Details

Primary Business Category: Health Care - Nursing & Residential
Location: Ohio
Metropolitan Area: Cincinnati
County: Hamilton

Company Information

Year Established: 1993
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 30

Financial Information

Asking Price: $379,000
Gross Revenue: $548,700
Cash Flow: $125,800
EBITDA: $125,800
FF&E: $2,500
Inventory: $1,000
Seller Financing Available: No

Property Information

Facilities:

The company is operated out of relatively small office space.

Growth & expansion opportunities:

A sales - oriented buyer could call on medical facilities and nursing homes to grow the business. Current seller has not made sales calls in many years.

Competition:

There certainly is competition in this industry, but this company has been serving the specific area of Cincinnati that they cover for 25 years with very high quality service and have developed a wonderful reputation.

Reason for selling:

Seller has owned company for 25 years and is of retirement age.

Support & Training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Contact Business Seller

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Business Listed By:

Dan Long

Cincinnati Business Brokers