Two separate businesses for sale, owned by the same owners. The numbers shown in the listing heading are combined.
Business 1: Licensed Home Healthcare Business
Business 2: Licensed Personal Home Care Business
Business 1 :Home Healthcare Business
This business offers wide range of health care services that can be administered in homes for any illness or injury. They provide Home Healthcare Aides, Skilled Nurses, Physical Therapy.. The business accepts Medicaid, Medicare, Blue Cross / Blue Care Network and private pay.
The business was recognized and certified in Sep 14th, 2006 by Centers for Medicare & Medicaid Services (CMS) as one of the modern home-health care agencies which are scientifically measured and assessed to have high-quality home-health care services for promoting health and improving the quality of life.
CMS number: 237617 (Centers for Medicare & Medicaid Services provider number)
Certification Date: Sep 14th, 2006
Medicare Certified Services:
Nursing
Physical Therapy
Occupational Therapy
Speech Pathology
Medical Social
Home Health Aide
Established:2005
2022 Gross Revenue: $970,319
EBITDA:$383,552
FF&E:$15,000
Employees: 16 including part time
Reason for Selling: Retirement
Business 2: Personal Home Care Business
Non Medical Licensed Home Care. This business provides personal care and home support services for children, adults, and seniors in the comfort of their own homes, hospitals, skilled nursing facilities, and assisted living facilities. The business delivers comprehensive range of services to meet the needs of their clients 24 hours, 7 days a week.
The business has contracts with DHS (Department of Human Services), Area Agency of Aging (AAA1A (Detroit) and AAA1B- Oakland, Macomb and Washtenaw counties), JFS (Jewish Family Services). Currently, working on MORC contract. All clients are Medicaid recipients and the government is paying for their care to keep them in their homes.
Contracts with Medicare, Medicaid & Passport.
A combination of professional and knowledgeable support staff and compassionate, trained, and carefully vetted care providers deliver quality care to seniors and the disabled living in private homes, retirement communities, and independent and assisted living communities. The company provides part-time and full-time home care services including companionship, nutrition planning, meal preparation, light housekeeping, safety and security, and personal hygiene and mobility assistance.
This business requires no prior home care/medical experience as Buyer takes it over with existing clients and staff. Additionally, seller is willing to negotiate transition & ongoing training, as well as a consultant role after the sale.
Established:2011
2022 Gross Revenue: $1,037,054
EBITDA:$138,752
Employees: 82 indirect employees, they are family members taking care of their loved ones (parents and other relatives).
Offering Details
Business Type | Home Healthcare & Personal Home Care Services For Sale, Detroit Area |
Annual Revenue | $2,007,373 |
EBIDTA (Discretionary Earnings) | $522,304 |
Asking Price | $1,400,000 |
Seller Financing | Yes |
Location | Detroit Metropolitan |
Year Established | 2004 |