American HealthCare Capital is pleased to introduce an established Home Care agency for sale in Southeast Wisconsin. The company has been in business since 2014 and provides non-skilled in-home care services to seniors and disabled adults. Their service area spans a 60-mile radius in their surrounding area.
The company’s payer mix consist of 80% Private Pay and 20% Medicaid. Annual gross revenues in 2019 were $919,613 and grew to $999,126 in 2020. They are currently on pace to achieve $1 Million in gross revenue by end of year 2021, with a net profit margin of 16%. Their current census is 36 patients, of which 2 currently receive 24-hour care, and they are billing over 2,920 hours per month. The seller feels that tremendous growth could be achieved by expanding their service area and implementing more vigorous marketing efforts. All employees are expected to stay on under new ownership. The seller is available to assist during a short transitional period.
The asking price for this opportunity is $650,000.
