10 Yr Well Established, Profitable, Turnkey, Home Health Agency

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Needed Services For Patients, Lucrative For Agency Owner!!!

Business Description

Profitable, Well Established Since 1/2008, Turnkey Home Health Care Agency, In Simi Valley, With DHS Certification , JACHO Accreditation & Clean MediCare Provider Number, WITHOUT CAP ISSUES, CLEAN BOOKS, NO Z-CODES, NO ADR's , Available For Sale Now.

This Well Run Agency, Has Completed Their Tri-Annual Re-Certification & Accreditation In May Of 2017, Which Is Good Till May Of 2020 !!!

Their Location In The City Of Simi Valley, In Ventura County, Enables Them To Conduct Business in Los Angeles & Ventura Counties, Their Census Is Steady Averaging 45-55 Patients.

This Agency, Gets Referrals From UCLA & USC Hospitals & Has Contract With Health Net.
This Agency, In ADDITION To Skilled Nursing, Is AUTHORIZED By DHS, To Provide The Following:
1.HOME HEALTH AIDE SERVICES.
2.MEDICAL SOCIAL SERVICES.
3.OCCUPATIONAL THERAPY.
4.PHYSICAL THERAPY.
5. SPEECH THERAPY.

This Home Health Agency Has 3 Employees On W-2 Form, 25 Independent Contractors On 1099 Form.

About the Business

Year Established:
2008
Number of Employees:
3
Real Estate:
Leased
Building Sq. Ft.:
1,200
Lease Rate/Sq. Ft./Mo.:
$1,500.00
Lease Expiration:
10/30/2021
Facilities:
1200 SF Office Space, With Private Bathroom.
Fully Furnished & Computerized.
Market Outlook/
Competition:
Their Is A 36 Month Moratorium On Sale Of The Home Health Agencies, In California, BUT This One Is EXCLUDED From it!!! Two (2) Full Years Of Cost Reports Were Submited & Accepted By MediCare!!!
Growth & Expansion:
Excellent Opportunity To Invest & Operate Established , Profitable Turnkey Home Health Care Agency. In The The Health Industry, Which Is Well Respected & Lucrative.
Their Will Be ALWAYS A NEED For Home Health Care , By Professional RN's, LVN's, OT's PT's other Medical Staff, At Patients Homes, Instead Of Hospitals.
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About the Sale

Reason For Selling:
Family Situation
Training/Support:
Seller Will Provide Support & Training, 4 Weeks 15 Hours per week, Free Of Charge.

Listing Info

ID:
1466236
Ad Detail Views:
1593
Asking Price:
$485,000

Gross Revenue:
$1,032,641
Cash Flow:
$254,229
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

FF&E:
$15,000
included in asking price

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Business Listed by

Alexander Neyman,

Alexander Neyman
License# 01843102 BROKER

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U.S. Census Data for Ventura County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Ventura County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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