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Home Healthcare-Netting $189K only 10% Down

Business
  • Listing# : 18619
  • Listed Price : $700,000
  • Total Sales : $1,206,182
  • SIC : 8099
  • Down Payment : $70,000
  • Status : Active
  • Discretionary Earnings : $189,643

Business Type :

Healthcare/Medical / Home Health-Care/Nursing; Medical Related Biz / Elder Care

Business Description :

You only need 10% ($70,000) down to purchase this successful business! This business has already been lender approved. You will earn $86,000 (after paying loan) first year getting your 10% back in 10.5 months!! 

There mission is to help people in NJ live safely at home as long as possible while maintaining their independence and dignity.  The safety and well-being of there clients they serve is most important to their team of dedicated health care professionals. 

KEY FACTS:

  • Accredited with Distinction by CAHC for 22+ years
  • Contracts with all 5 Managed Care Organizations
  • Reimbursement within approximately 10 days of billing on most cases
  • History of long term cases 
  • 46 staffed Employees 
  • This is NOT a franchise so new owner can grow as big as they would like in different areas
  • Owner over sees operation 
  • No major advertising is being done
  • Owners have been in business for 28 years!!
  • 95% is Medicaid

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $0
    • Incl :
    • Other: $0
    • Incl :
    • Leasehold $20,000
    • Incl : Yes
    • Total Assets $20,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Healthcare/Medical, Medical Related Biz