Licensed Home Care Agency in New York

Featured on BusinessForSale.com . 15 viewed

Asking Price

$15,000,000

FOR SALE - ACTIVE

Detailed Information

Location

New York City, New York, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This Licensed Home Care agency, approved by the New York State Department of Health, provides a wide range of services such as Home Health Aides, Nursing, and Personal Care across more than 15 counties in New York. With approximately 550 cases and a substantial annual revenue of $30 million in 2022, this well-established agency offers significant potential for entrepreneurs seeking a profitable business opportunity. The current owner is transitioning out of the business, providing the opportunity for new owners to step in and benefit from existing management and diversified language services. The agency boasts 5 New York State Licensed Home Care Services Agency (LHCSA) licenses, covering 17 counties, and operates without Consumer Directed Personal Assistance (CDPA) cases. With a sizeable team of around 700 employees and a well-equipped 5,000 square feet office space available as an option, this agency is well-equipped for continued success. Additionally, the agency has higher-than-standard gross profits due to its participation in "Waver

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