American HealthCare Capital is pleased to introduce a private duty home care agency for sale in Los Angeles, California. The company has been in business for over 16 years. They provide non-skilled home care services, and they were recently licensed according to the new regulations. They service both Los Angeles and Orange Counties.
The company’s payer mix is 99% private pay and 1% long term care insurance. Gross revenues have been in the $2.3 Million range with a net profit margin over 11%, and they are on track to be the same in 2016. Their current census is 85 clients, of which 6 receive live-in care, and they bill an average of 6500 hours per month.
The current owners are absentee, and the existing staff is available to continue working under new ownership. The asking price for this opportunity is $1 Million.