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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


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Jeffrey B. Meltzer
President, Universal Hardwood


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Steve Traino
President, Candy Direct, Inc.


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George Koutures
President, AMBCO Electronics, Inc.


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Dov Lazarus
President, One Stop Undercar


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Jason Moore
President, Alexis Services, Inc.


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Barry Katz
Vice President, SBA Lending Community Bank


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Tafa Jefferson
CEO Amada Senior Care


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Kitty Meyers
Owner, Synergy HomeCare Inland Empire


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Dan Goodman
CEO, Eilatan, Inc.


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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


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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


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Denis Royer
President, Carpet Club


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Mary and Larry Farmer
Owners, Right at Home of Albuquerque


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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


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Remy C. Rippens
Owner, Clavel Home Care


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Carol Boettcher
Co-Owner, SpeakerPower, Inc


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Brian Oppegaard
Co-Owner, SpeakerPower, Inc.


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Doug Garrett
President and CEO of Garrett Engineers, Inc.


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Bill and Donna Hoover
Owners, Care4You In Home Care


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Jeff and Reem Hufnagel
HWC Yorba Linda


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Scott Kaeser
EVP, UAS, Buyer of CitiGlobal


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Michael and Lori Renaud
Acti-Kare


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Tarun Bhardwaj
Buyer, Acti-Kare


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


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Michael S. Robirds, Owner
Amada Senior Care


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Peter Chen, CEO
EJK Products


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James Cote & Patrick Vollmer, Principals
Alternative Molding Concepts


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Bob Purkiss, President
Visiting Angels Lindsay, CA

Licensed Medicare_Medi-Cal Certified Home Health in LA

Los Angeles, CA

Price: $350,000

Cash Flow: $65,000

Total Sales: $984,000

EBITDA: N/A

FFE: N/A

Inventory: N/A

Year Established: 1996

DESCRIPTION:

Founded over 26 years ago, this business is a long-time Provider of high-quality, home-based medical care serving the greater Los Angeles and Orange County region. The business is a long-time vendor and contracted with LA County hospitals and medical centers. Over 15 Insurance contracts (HMO, PPO and IPAs) in addition to Medicare/MediCal, as well as contracts with LA County hospitals and clinics.

The Company has a dedicated team of medical and healthcare professionals that are knowledgeable and competent providing a variety of health care services to patients in the comfort of their homes, with specialty in Wound Management and IV Therapy. 

The Business is accredited by The Joint Commission, the nation’s oldest and largest standard-setting and accrediting body in health care. By demonstrating compliance with The Joint Commission’s national standards for health care quality and safety, the business has earned The Joint Commission’s Gold Seal of Approval.

New owners can reasonably expect the business to continue to build its client base through organic growth as the service area’s population ages and more seniors opt to age in place. As the client base expands, so does the business’ word-of- mouth referrals. New owners can facilitate this growth through continuing the current face-to-face networking with key referral services and maintaining a strong presence in the community.

The Business offers the following services and amenities:

  • Skilled Nursing/Observation & Assessment
  • Coordination of all services needed
  • Family members’ education
  • RN team member regular visits
  • Personal care visits by Certified Home Health Aides
  • On-call nurse services, 24 hours, 7 days a week
  • Medical equipment needs coordination
  • Wound Care, Intravenous Infusion
  • Catheter Care
  • Post-Operative Care, Enteral Feeding
  • Medications required
  • Skilled Nursing Services
  • Physical, Occupational, Speech Therapy Services
  • Dietary and Nutritional counseling and guidance
  • Medical Social Service
  • Medical Supplies
  • RN Telephone Advice

The current owner, with the help of 2 RN Case Managers, oversees the overall company operations and management decisions, supervises patient care delivery system, conducts client meetings and spearheads marketing and outreach programs. There is solid collaboration amongst the core home health team members on patient eligibility and admission to ensure proper treatments. Besides the owner and the two RN Case Managers, the office is staffed with an Office and HR Coordinator, Payroll and Accounting Staff, Medical Records Staff, and Clerical Staff.

The business operates in a professional office suite with 5 offices, Reception Area, conference room, and Kitchen/ Dining room. The business is located near Los Angeles, CA in the heart of town close to other medical practitioners, professional offices, shopping, and residential neighborhoods.

The home-care 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-care services at some point in their lives.

The seller is selling to retire, but will assist during a transitional period. The caregivers and staff, all of whom are W2 employees, are available to work with a new owner.

LISTING DETAILS:
Total Sales: $984,000
Cash Flow: $65,000
Reason For Sale:

Retirement

OPERATION:
Year Established: 1996
Employees: 22, 1099: 5
SUMMARY:
Potential Growth:

Excellent

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Previn Wick

Phone: 310-497-5181
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