MEDICAID Food Provider business for sale in Miami, Florida.
Business Description
For sale in Miami, Florida MEDICAID Food Provider business.
Market Analysis – Medicaid Food Provider
United States Overview
• Market Size: Healthcare services market valued at $4.60 trillion in 2024, projected to reach $4.87 trillion in 2025.
• Food & Nutrition Programs: "Food is Medicine" initiatives are expanding, providing medically tailored meals to millions.
• Public Health Initiatives: Programs improving access to healthy foods for millions of people.
Florida Overview
• Medicaid Enrollment: 4,351,012 people as of November 2024.
• State Budget: FY 2024-25 budget $116.5 billion, with significant allocation to health and human services.
• Trends: Increased focus on long-term care services and higher reimbursement rates for meal providers.
• Opportunities: Strong demand for food delivery to Medicaid participants, growth in Adult Day Care and insurance contracts.
Business for sae in Miami, Florida, Important Business Highlights:
• Established in 2017 – 8 years of consistent operations.
• Medicaid Certified Provider with contracts from 8 Insurance Companies and Adult Day Care centers.
• Over 1,800 meals cooked and delivered daily across Miami-Dade County.
• Business Not affected during the pandemic – recession-proof business model.
• Well-organized operations with loyal and experienced structure.
Employees
26 employees total
• Management
• Kitchen staff
• Office staff
• Packing team
• Drivers
Marketing & Sales Infrastructure:
• Website: Not established
• Social media: Not established
• Service Catalog / Brochures: Not available
• Dedicated Sales Force / Sales Team: Not in place
• Production and Services Software: Yes
• Google Reviews: Not available
Note:
Current sales have been achieved without formal marketing or sales infrastructure. This represents a potential growth opportunity for a buyer willing to implement these tools.
Financial Highlights
2024 (1120-S):
• Sales: $2,806,400
• Ordinary Business Income: $195,400
• Add Backs: $198,800
• Seller Discretionary Earnings (SDE): $394,200
Sales History (1120-S):
• 2023: $2,626,860
• 2022: $2,507,340
• 2021: $2,768,830
• 2020: $2,274,730
Asking Price: $2,600,000
Transition & Support:
• Owner will provide up to 90 days of training and support to ensure a smooth transition.
Reason for Sale:
• Owner is retiring.
Facilities
• Prime Miami-Dade location – 1,500 sq. ft.
• Rent: $6,700/month (3-year lease + renewal option)
• Fully equipped industrial kitchen: ovens, coolers, freezer, packaging area & offices
• Plenty of parking for staff and logistics
Confidential Sale Notice
This is a confidential opportunity.
All inquiries from interested parties will be answered courteously.
To obtain the exact location and arrange a meeting with the seller, interested parties must provide:
• Personal or Corporate profile
• Proof of funds in a U.S. bank
Market Analysis – Medicaid Food Provider
United States Overview
• Market Size: Healthcare services market valued at $4.60 trillion in 2024, projected to reach $4.87 trillion in 2025.
• Food & Nutrition Programs: "Food is Medicine" initiatives are expanding, providing medically tailored meals to millions.
• Public Health Initiatives: Programs improving access to healthy foods for millions of people.
Florida Overview
• Medicaid Enrollment: 4,351,012 people as of November 2024.
• State Budget: FY 2024-25 budget $116.5 billion, with significant allocation to health and human services.
• Trends: Increased focus on long-term care services and higher reimbursement rates for meal providers.
• Opportunities: Strong demand for food delivery to Medicaid participants, growth in Adult Day Care and insurance contracts.
Business for sae in Miami, Florida, Important Business Highlights:
• Established in 2017 – 8 years of consistent operations.
• Medicaid Certified Provider with contracts from 8 Insurance Companies and Adult Day Care centers.
• Over 1,800 meals cooked and delivered daily across Miami-Dade County.
• Business Not affected during the pandemic – recession-proof business model.
• Well-organized operations with loyal and experienced structure.
Employees
26 employees total
• Management
• Kitchen staff
• Office staff
• Packing team
• Drivers
Marketing & Sales Infrastructure:
• Website: Not established
• Social media: Not established
• Service Catalog / Brochures: Not available
• Dedicated Sales Force / Sales Team: Not in place
• Production and Services Software: Yes
• Google Reviews: Not available
Note:
Current sales have been achieved without formal marketing or sales infrastructure. This represents a potential growth opportunity for a buyer willing to implement these tools.
Financial Highlights
2024 (1120-S):
• Sales: $2,806,400
• Ordinary Business Income: $195,400
• Add Backs: $198,800
• Seller Discretionary Earnings (SDE): $394,200
Sales History (1120-S):
• 2023: $2,626,860
• 2022: $2,507,340
• 2021: $2,768,830
• 2020: $2,274,730
Asking Price: $2,600,000
Transition & Support:
• Owner will provide up to 90 days of training and support to ensure a smooth transition.
Reason for Sale:
• Owner is retiring.
Facilities
• Prime Miami-Dade location – 1,500 sq. ft.
• Rent: $6,700/month (3-year lease + renewal option)
• Fully equipped industrial kitchen: ovens, coolers, freezer, packaging area & offices
• Plenty of parking for staff and logistics
Confidential Sale Notice
This is a confidential opportunity.
All inquiries from interested parties will be answered courteously.
To obtain the exact location and arrange a meeting with the seller, interested parties must provide:
• Personal or Corporate profile
• Proof of funds in a U.S. bank
About the Business
- Years in Operation
- 8
- Facilities & Assets
- • Prime Miami-Dade location – 1,500 sq. ft.
• Rent: $6,700/month (3-year lease + renewal option)
• Fully equipped industrial kitchen: ovens, coolers, freezer, packaging area & offices
• Plenty of parking for staff and logistics - Website
- https://miamiba.com/
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,500
- Rent
- $6,700.00 per month
- Lease Expiration
- 12/31/2030
About the Sale
- Seller Motivation
- Owner is retiring.
- Transition Support
- Owner will provide up to 90 days of training and support to ensure a smooth transition.
- Financing Options
- The seller will finance a certain amount not exceeding 10% of the Sale Price
Listing Info
- ID
- 2420579
- Listing Views
- 16
Listing ID: 2420579 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleFlorida Businesses for SaleFlorida Food & Beverage Businesses for SaleFlorida Catering Services Businesses for Sale