$800K Medicare & Medicaid Home Care - Columbus, OH

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Asking Price:
$500,000

Gross Revenue:
$1,000,000
Cash Flow:
 Not Disclosed
EBITDA:
$200,000
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Medicare and Medicaid Home Care Agency for sale located in Columbus, Ohio. The company has been in business since 2000, providing both skilled and non-skilled home care services, as well as staffing services throughout the Columbus area. Their services include ADL’s (Activities of Daily Living), transportation services, medication reminders, home keeping duties, Skilled Nursing Care, Physical Therapy, Speech Therapy, Occupational Therapy, Wound Care treatment, and much more.

The company’s payer mix is 50% Medicaid, 30% Private Insurance, and 20% Medicare. In 2017, the company generated just over $800,000 in gross revenue with an adjusted EBITDA of approximately $157,000 (20%). In 2018 the company expects to generate closer to $1 million. Their current census is currently over 120 patients, and they receive an average of 4 new admissions per month.

All employees are expected to stay on under new ownership. The owner is looking to retire but would be willing to assist during a transitional period.

The asking price for this opportunity is $600,000.

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Listing Info

ID:
1482397
Ad Detail Views:
443

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Business Listed by

Mark Thomas

American Healthcare Capital

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U.S. Census Data for Delaware and Franklin Counties, OH
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Delaware and Franklin Counties, OH
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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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