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Home Healthcare Agency In Essex County For Sale

Essex County, New Jersey, US
Asking Price:
$595,000 (USD) Inventory / Stock included
Sales Revenue:
$650,000 (USD)
Cash Flow:
$120,000 (USD)

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.

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Business Operation

Reasons for selling:

Retiring

Employees:
6FT/15PT
Years established:
2013

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

595,000.00 Down &

Furniture / Fixtures value:
$5,000 (USD)
Inventory / Stock value:
$500 (USD) - included in the asking price
Home based:
This business can be run from home.

Contact Vested Business Brokers HQ

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