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Zuhair Qazi
President, Sober Clarity


“Vasilis worked tirelessly to maximize the price of my business and helped protect my interest. ”

Robert Gutierrez
CEO, Brightstar Care Thousand Oaks


“CrossRoads accomplished what two other Brokers before couldn’t. Very professional and skilled in negotiations.”

Jeffrey B. Meltzer
President, Universal Hardwood


“Confidence without ego. impressive knowledge and diverse experience. Solid results quickly.”

Steve Traino
President, Candy Direct, Inc.


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George Koutures
President, AMBCO Electronics, Inc.


“An unmatched ability to forge a solid alliance between the parties in a win-win approach.”

Dov Lazarus
President, One Stop Undercar


“Highest professional standards in positioning and promoting the sale of my business.”

Jason Moore
President, Alexis Services, Inc.


“In my 30 years in Commercial Banking, CrossRoads ranks among the best.”

Barry Katz
Vice President, SBA Lending Community Bank


“Finding a Buyer for my size business was like finding a needle in a haystack. CrossRoads did it!”

Tafa Jefferson
CEO Amada Senior Care


“Solid selling process that produced results in a tough market. Highly recommended.”

Kitty Meyers
Owner, Synergy HomeCare Inland Empire


“If there are Buyers out there, the CrossRoads process will find them. They did for my business.”

Dan Goodman
CEO, Eilatan, Inc.


“CrossRoads did an impressive job representing my business. They actually do what they say they will!”

Jack Winn
Owner, Jack Winn Salon


“If you are looking to sell your business, Vasilis Georgiou is the choice: The right knowledge and temperament that get results”

Nayda Poblete
President, Home Instead Costa Mesa


“Very efficient and detail oriented approach. CrossRoads made the transaction smooth and handled every step.”

Lolita L. Cruz
Owner, Comfort Keepers Laguna Niguel


“The service went above and beyond. Made the process stress free”

Kelleen Corfield
Buyer, Comfort Keepers Laguna Niguel


“Smooth sales process and transition. CrossRoads’ extensive knowledge and experience was a great help!”

Jim and Yuko Fletcher
Owners, Home Helpers Senior Care, Laguna Hills, CA


“Mr. Georgiou’s professionalism and calm encouragement made all the difference in the world!”

Kelly Dunn & Nancy Bever
Owners, Caring Matters Home Care


“Thank you for all your diligence and hard work! It would not have happened without you!”

Denis Royer
President, Carpet Club


“Informative, honest, steady, professional, and always supportive. Great Guide.”

Mary and Larry Farmer
Owners, Right at Home of Albuquerque


“Diligent, obviously very experienced. Results-oriented.”

Bruce Sobol
CEO, Brentwood Electrical Contractors


“Vasilis and CrossRoads earned my respect and appreciation and I would recommend him to anyone looking for a Business Broker.”

Dane Gibson
Owner, Amada Senior Care of Roseville


“I'm grateful to have found CrossRoads, and I recommend them wholeheartedly.”

Remy C. Rippens
Owner, Clavel Home Care


“Vasilis Georgiou was the ultimate professional throughout the sale of my business. A+ rating for CrossRoads. And I mean it. :)”

Carol Boettcher
Co-Owner, SpeakerPower, Inc


“Vasilis is a Master of the business sale process. He earned his fee many times over. Best move I could have made.”

Brian Oppegaard
Co-Owner, SpeakerPower, Inc.


“Vasilis “talked me off the ledge” several times along the way with his graceful support. I happily recommend him to anyone who wants to sell their business."

Doug Garrett
President and CEO of Garrett Engineers, Inc.


“We highly recommend CrossRoads and Vasilis. You need an experienced and knowledgeable person to guide you and Vasilis Georgiou is that person!"

Bill and Donna Hoover
Owners, Care4You In Home Care


“CrossRoads made the process very comfortable for us despite making a decision of enormous importance."

Jeff and Reem Hufnagel
HWC Yorba Linda


“CrossRoads worked with efficiency and professionalism and I would highly recommend their service."

Scott Kaeser
EVP, UAS, Buyer of CitiGlobal


“Trustworthy, patient, and responsive. We highly recommend CrossRoads."

Michael and Lori Renaud
Acti-Kare


“CrossRoads is an amazing resource. Highly trusted in complicated situations."

Tarun Bhardwaj
Buyer, Acti-Kare


“Produced results very efficiently and timely. We highly recommend CrossRoads."

Tim Hatamian, CEO
Pacific Lighting & Energy Mgmt. Co.


“I wholeheartedly endorse and recommend Crossroads Business Brokers as the go to brokerage professionals."

Michael S. Robirds, Owner
Amada Senior Care


“Your deal process and handling of the transaction was top rated."

Peter Chen, CEO
EJK Products


“You have been fantastic to work with and I’d recommend you to anyone looking to buy or sell."

James Cote & Patrick Vollmer, Principals
Alternative Molding Concepts


“Thorough and made the experience easy. You were there anytime we needed you."

Bob Purkiss, President
Visiting Angels Lindsay, CA

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Medicaid Certified Nurse Registry in N Central FL

Medicaid Certified Nurse Registry in N Central FL

North Central, FL

Price: N/A

Cash Flow: $657,000

Total Sales: $3.930,193

EBITDA: $557,000

FFE: N/A

Inventory: N/A

Year Established: 2012

DESCRIPTION:

The Company has been referring quality nursing care for the permanently disabled population since 2012. It specifically focuses on referring qualified caregivers to provide in-home healthcare services for the Quadriplegic community as well as those who have suffered from a catastrophic event resulting in head trauma or spinal cord injury. It services the Villages community among others. The Company was founded on the principles of compassion and quality care, to fill the need for in-home care for the elderly in the community.

Today, the Company is achieving around 4MM revenue and employing 75 to 100 healthcare professionals and is highly appreciated by the local community in Florida. The focus of the Company is on in-home care for the geriatric population, but also caters to a variety of age groups. Individualized services are provided in the comfort of a client’s home or on-site in locations such as hospitals, nursing homes, or assisted living facilities. Experienced RNs, LPNs, CNAs and HHAs are available to provide quality care at the home. The services are mostly non-skilled; however, private duty nursing is also provided.

The Company is committed to providing the best quality in-home healthcare. They have a philosophy for hiring and placing personnel that is consistent with their clients' needs. The Company has a long track record of success and a well-established reputation in AHCA licensed region 3 in the state of Florida which includes 16 counties: Alachua, Bradford, Citrus, Columbia, Dixie, Gilchrist, Hamilton, Hernando, Lafayette, Lake, Levy, Marion, Putnam, Sumter, Suwannee, and Union.

With new leadership, the Company is ready to continue growing and expanding its services and geographical areas.

Key highlights

• A diverse payor base with a wide range of Payors that accept most insurances. That provides the ability to select patients according to the best paying insurance providers. Examples of Payors: United Health and Florida Community Care, LTC Insurance, Bankers Life insurance, and the rest Private Pay).
• The Company currently provides services for 73 Medicaid recipients, with 43 of those recipients being United Healthcare members. Its strongest and healthiest relationship within the LTC managed care companies is with United Healthcare. This relationship with the care managers and the provider relations specialists has been developed over many years.
• The Company employs 7 office staff and 75-100 independent contractors who are managed as employees by a partner company.
• By prioritizing the recruitment of top-tier nurses and caregivers, the Company has built a highly skilled and profitable workforce. With a recruitment strategy that prioritizes attracting the best nurses and caregivers, using a multi-pronged approach to hiring that includes recruiting sites, online advertising, and word-of-mouth referrals.
• This patient referral network is unparalleled and sourced from doctors, social workers, healthcare facilities, and hospitals, with word of mouth, insurance companies, and facilities bringing in most of the new patients.

Differentiation
The Company exhibits several key strengths including its experienced RNs, LPNs, CNAs and HHAs and manageable patient population. These strengths should continue to serve the Company well as they maintain revenue and focus on quality. One of the Company’s greatest risks is a recurring theme in the home health industry – the ability to continue to hire and recruit registered nurses. The home health industry has high turnover, which impacts on the Company – especially at the entry level. The Company mitigates this risk by offering employee benefits including medical insurance, retirement plans, and competitive wages. (offered by a partner company).

LISTING DETAILS:
Total Sales: $3.930,193
Cash Flow: $657,000
EBITDA: $557,000
Reason For Sale:

The seller is selling for personal reasons but will assist during a transitional period. The Healthcare professionals and staff are available to work with a new owner.

OPERATION:
Year Established: 2012
Employees: 100
LOCATION:
Facilities Information:

The Company exhibits several key strengths including its experienced RNs, LPNs, CNAs and HHAs and manageable patient population. These strengths should continue to serve the Company well as they maintain revenue and focus on quality. One of the Company’s greatest risks is a recurring theme in the home health industry – the ability to continue to hire and recruit registered nurses. The home health industry has high turnover, which impacts on the Company – especially at the entry level. The Company mitigates this risk by offering employee benefits including medical insurance, retirement plans, and competitive wages. (offered by a partner company).

SUMMARY:
Competition:

Excellent Positioning
The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. Seniors who are 65 years and older comprise the primary market for the Company.

Potential Growth:

The Home Health industry has exploded with the aging population. Today, with 10,000 Americans turning 65 every day, the demand for senior care is ever increasing. The US senior population currently sits at approximately 50 million and by 2030, it is expected to swell to 81 million (Source: US Census Bureau). An estimated 70 percent of people over 65 will require Home Health services at some point in their lives.

For more information on this listing, please complete our Non-Disclosure Agreement
PLEASE FILL OUT OUR NDA
CONTACT DEAL OWNER

Maurice J Boudreau

Phone: 321-960-1320
Email: mjb@crossroadsbusiness.com
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