Dual Licensed Home Health Care Agency Established 30+ Years

Listing Number: 0101-687323

Description

Dual licensed HOME HEALTH CARE AGENCY licensed in Palm Beach and Broward Counties. Establish 30+ years. Fully staffed with both management and in field caregivers. Licensed as an agency but serves primarily long term care patients with non medical caregivers.

Long-Standing Brand – Founded in 1980s, company is a private duty home healthcare agency that is licensed by AHCA to operate in regions 9 and 10 in Florida (Southeast FL) .
Primary payers are Private pay and commercial Long-Term Care (LTC) insurance.
Long-Tenured Caregiver Relationships – Long-established relationships with a reliable pool of 230 caregivers.
Extensive Referral Relationships – With marketing channel partners, long-term care (LTC) insurance brokers, adult guardianship agencies, and hospital discharge departments.
New Operational Infrastructure – Owner has automated and revitalized the company’s operational processes. All paper-based operational processes (EHR system, plan of care, time sheets, billing, accounting, etc.) have been replaced with web-based software solutions.
New and Impactful Referral Relationship: New referral relationships brought in at the beginning of 2024 produced current census of ~55.
Attractive Financial Profile for Strategic Acquirer – Owner has implemented new pricing policies to increase rates in 2023, as well as overhead cost reductions such as rent expense and telecom, maintaining 38% gross profit margin.
Primed for Growth – The new infrastructure will allow scalability and aggressive growth of without a near-term need for additional support staff.

Listing Details

• Price: DH 2,150,000
• Down Payment: DH2,150,000
• Sellers Discretionary Earnings: DH 554,670
• Total Sales: DH 3,193,871
• Location: Broward County, Florida


• Inventory: DH 0
• FF&E: DH 25,000
• Employees: 5
• Year Established: 1995
• Reason for Selling: Private Equity is Divesting
• Category: Medical Related Biz