“Very skillful in overcoming unexpected challenges.”

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.


“Professional and efficient services with timely information flow.”

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

Medicare/Medi-Cal HHA in Sacramento

Sacramento, CA

Price: $4,995,000

Cash Flow: $1,109,623

Total Sales: $2,919,000

EBITDA: $959,623

FFE: N/A

Inventory: N/A

Year Established: 2016

DESCRIPTION:

This home health services company specializes in providing in-home skilled nursing care, physical therapy, occupational therapy, speech therapy, home health aide services and medical social services to patients located in the greater Sacramento area and nearby counties including Placer, Yolo, Yuba, El Dorado, Solano, Amador, Sutter and parts of San Joaquin and Contra Costa counties. Customers are mostly elderly patients and those recovering from surgery and other illnesses. It has grown from a startup company operation launched in late 2020 amid the Covid challenges, to serving 430 patients in 2022 with 26 employees and one contractor as of the end of 2022. The current 2023 momentum is in par with 2022 even with no assigned marketing personnel.

The Company has a dedicated team of medical and healthcare professionals that are knowledgeable and compassionate and provide a variety of health care services to patients in the comfort of their homes.

The business is a Medicare-accredited Home Health Agency licensed in the State of California, by the California Department of Public Health (CDPH) and accredited by the Accreditation Commission for Health Care (ACHC), an indication of quality and excellence. Accreditation reflects an agency’s dedication and commitment to meeting standards that demonstrate a higher level of performance and patient care.

The business accepts most HMO, PPO, Medicare, and Medi-Cal insurance plans. It has over 22 active contracts with national insurance companies, such as, UHC HMO and PPO, Aetna Medicare HMO and PPO, Alignment Health Plan, Brand New Day SR, Humana PPO, and Imperial Health, among others.

This business has an excellent reputation for delivering exceptional care and providing responsive customer service and is recognized for a specialty in caring for elderly patients. Through the years, the business has developed solid referral relationships with professionals within the health care industry and surrounding senior communities.

The Business has a variety of Professionals who can be sent to the home, including:

  • Registered Nurses (RNs) who provide skilled assessment, evaluation, intervention, and medically prescribed treatment. The RNs provide skilled care and instructions to patients and their families. They enable patients and families to function independently at home, increasing the comfort of the patient and improving overall health. Skilled nursing services include: Wound Care, Injections, Insulin Therapy, Intravenous Therapy, Catheter Care, Post-Operative Care, Ostomy Care, Enteral Feeding, and Skilled Observation and Assessment.
  • Licensed Vocational Nurses (LVNs) who work under a physician’s order and RN supervision, administer medication and treatment, and assist the patient with returning to independent activities of daily living.
  • Certified Home Health Aides providing personal care, Medical Social Workers assisting patients and their families with their social issues.
  • Physical Therapists, Occupational Therapists, Speech Therapists who help family members to properly care for the patient and provide assistance in improving the patients’ ability to perform activities of daily living independently.
  • Medical Social Workers (MSWs) who help connect patients to community resources and provide counseling services, develop appropriate support systems, provide psychosocial assessments, provide crisis intervention, if needed, and determine and locate alternative placements among others.
  • Arrangement for durable medical equipment services will be made according to the special needs of the patient.

The Business also offers Personalized Teaching, such as, educational programs designed to meet individual needs, Diabetes management including self-care, Use of oxygen and respiratory equipment, Bladder and bowel training, Management of medications, Disease process, Special diet and nutritional teachings, and Wound care.

Besides the Owner/Admin, the office is staffed with Intake staff, QA Nurse and additional QA person, Authorizations Staff, Marketer, Admin, Billing and contracts and Director of Patient Care Services.

The business is headquartered in Sacramento in a professional office suite with 6 offices, Reception Area, conference room, 1 storage room, and 1 Kitchen/ Dining room.

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, as well as the Sacramento area Hospitals.

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.

The seller is selling for personal reasons but will assist during a transitional period. The Healthcare professional and staff, all of whom are W2 employees, are available to work with a new owner. 

LISTING DETAILS:
Total Sales: $2,919,000
Cash Flow: $1,109,623
EBITDA: $959,623
Reason For Sale:

Retirement

OPERATION:
Year Established: 2016
Employees: 26
SUMMARY:
Potential Growth:

Excellent

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

Vasilis Georgiou

Phone: 949-753-2825
  • Hidden
  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.