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BUSINESS FOR SALE - PROFILE #  41883229

Established Home Care Agency and Nurse Registry
Palm Beach County

Asking Price: $6,500,000   Down Payment: $5,200,000  
Gross Revenue: $6,364,102   Adj. Cash Flow*: $1,457,661  
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Executive Summary
Great opportunity to acquire two companies synergistically working together! A Medicare-Certified Home Care Agency servicing Palm Beach, Indian River, Martin, Okeechobee, and St. Lucie Counties and a Nurse Registry servicing both Palm Beach and Broward Counties with an office building available for sale in Palm Beach County where both businesses reside! The Nurse Registry also has a satellite location in Broward County to accommodate the business sent in! Staffing and management agreements are in place between the two companies to allow them to share resources and personnel to achieve the highest degree of patient care, while reducing duplication-of-services and increasing profitability of the entire organization. The companies are on track to have their best financial performance in 2017! Both companies enjoy a great reputation in the community, as a result of the hard work and efforts of its amazing office staff, outside team of 70+ Caregivers (CNAs & HHAs) and 25+ skilled professions (RNs and Physical Therapists) and their long-term professional and medical relationships established almost two decades! The Home Care Agency has just completed its 3-year CHAP inspection with a perfect score and zero deficiencies. Additionally it has been honored to have achieved a “5-Star” rating by Medicare. Less than 8% of Agencies nationwide receive the coveted 5-Star rating. Do not miss this chance to acquire great businesses, reputation and potential!

Acquisition Highlights

  • Financing Information:  $ 1,300,000 for 36 months at 7%
  • Training Information:  4 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 2003 Inventory: $10,000 Included
Employees: 8 FT, 82 PT , 3 Mgrs Furniture, Fixtures & Equipment: $60,000 Included
Lease/Rent: $5,000 Real Estate: $525,000 Available
Building Sq Ft: 1,725
    Total Assets Included in Sale: $520,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Lilia Berezkina
Phone:  (561) 756-9222
Fax:  (866) 908-6558
Other:  (561) 289-5020
E-mail:  lilia@vrbocaraton.com
VR Business Brokers - Boca Raton, FL
4722 Boca Raton Blvd
Suite C-105
Boca Raton, FL 33431
www.vrbocaraton.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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