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$1.7 Million Revenue Non-Medical Private Duty Home Care Agency in North Central North Carolina

State: 

North Carolina

Category:

Home Care & Home Health

Asking Price:

$1,400,000

Revenue:

$1,700,000

Listing Code:

NCPD1J

American HealthCare Capital is pleased to introduce a non-medical home care agency for sale in North Carolina. The company is located in the north central part of the state. They have been in business for 10 years and have received numerous awards. Services include assistance with ADLs, meal preparation, light housekeeping, transportation, medication reminders, and safety monitoring. Their service area includes all or part of 16 counties.

The company accepts private pay (71%), long term care insurance (13%), Veteran Administration Homemaker & Respite program (11%), and Veteran’s Aid & Attendance (2%). They do not accept Medicaid reimbursement. Gross revenues in 2021 were $1,767,500, and their current census is 34 clients. Growth could be achieved immediately by hiring additional caregivers, as the agency is currently turning down new referrals due to a lack of staff.

There is a full complement of caregivers and office staff expected to stay on under new ownership. The asking price is $1.4 million.

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