Home Heathcare Agency for sale in NJ - 35016 Business Type: healthcare related services,home-based business,misc. service/non-classifiable,other personal services,adult homecare assisted living
Acted as the Advisor to the Deal
Mercer County, NJ
New Castle County, DE
Philadelphia County, PA
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $595,000 | Down Payment | $595,000 |
| Gross Revenues | $650,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $120,000 | Number of FT Employees | Register Free to View |
Financing
$595,000 Down and
Business Description
A non-franchised, non-skilled home health care business is now available in Essex County, New Jersey. Established in 1997, this business has been in operation for 25 years. It is accredited by the Commission on Accreditation for Home Care, licensed and certified by State of New Jersey Medicaid Department. The business is credentialed by 10 leading health care insurers/Managed Care Organizations which include the Division of Senior Care Services’ programs such as Respite Care and Jersey Assistance for Community Care (JACC), Division of Developmental Disabilities, Veterans Administration for Veteran Care and the business accepts private pay and Long-Term Care Insurance. The business enjoys an unparalleled robust referral network of government agencies, insurers and faith-based organizations.
In addition, it has a professional administrative staff and seasoned service providers of composed of Certified Nursing Assistant (CNA), Registered Nurse, Certified Home Health Aides and Companion Care workers.
There is a tremendous opportunity for expansion to grow within Essex County as its limiting factor heretofore has been labor- Certified Home Health Aides; however, the labor market is loosening, and the company has recently added both Aides and patients and CY2022 promises even greater growth. Moreover, the Company’s foundation is set to operate remotely, expand to other counties or to focuson providing skilled nursing care services.
The owner is selling due to retirement, but she is an invaluable resource to continue as a consultant. Her accolades include Government Affairs experience from the pharmaceutical industry and was recently appointed as a Board Member of the Home Care Association of America and has numerous certifications in the field of home health care, including a Certified Dementia Care Practitioner.
For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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