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$600,000 Revenue Private Duty Home Care Agency in Eastern North Carolina

State: 

North Carolina

Category:

Home Care & Home Health

Asking Price:

$325,000

Revenue:

$600,000

Listing Code:

NCPD1L

American Healthcare Capital is pleased to introduce an established private duty home care agency for sale in Eastern North Carolina. The company has been in business since 2010 providing non-skilled home care services, including bathing, dressing, grooming, housekeeping, medication reminders, and transportation. They are licensed by the North Carolina Department of Health and Human Resources. The agency serves four counties on the central coast of the state.

The company’s payer mix is 100% private pay. Gross revenues have historically been in the $600,000 – $700,000 range. They are currently on track to achieve nearly $600,000 in 2022 with an average daily census of 16 clients. The biggest challenge they are currently facing is staffing shortages, similar to many other home care agencies. The seller feels that growth can be achieved by expanding their marketing within their existing service area and increasing the caregiving staff.

The staff is expected to stay under new ownership, including the pool of 25 W-2 employee caregivers. Additionally, the seller will assist a new owner during a transitional period.

The asking price for this opportunity is $325,000.

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