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- RE: Home Healthcare-Netting $189K Only 10% Down
- Contact: Joe Chiarello
Quick Facts
Asking Price: | $700,000 | |
Annual Revenue: | $1,206,182 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $189,643 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1996 | |
Employees: | 46 | |
BBN Listing #: | 980025 | |
Broker Reference #: | 3403-18619 |
Business Overview:
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
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Property Features and Assets:
Assets = $20,000
Market Competition and Expansion:
Growth potential through:
- Private Pay
- Long Term Care Insurance
- Skilled Nursing
- Facility Staffing
- Live-Ins
Reason for Selling:
Retirement.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more New Jersey businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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