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Zuhair Qazi
President, Sober Clarity


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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


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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


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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


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

Bob Purkiss, President
Visiting Angels Lindsay, CA

Medicare/Medicaid Home Health in Orlando FL

Orlando, FL

Price: N/A

Cash Flow: $1,601,688

Total Sales: $8,117,000

EBITDA: $1,452,000

FFE: N/A

Inventory: N/A

Year Established: 1998

DESCRIPTION:

This home health services company was founded on the principles of compassion and quality care. The Company started as a Supplemental Staffing Agency for Health Care Facilities but has since expanded its services and offerings into a Nurse Registry, and eventually into a Medicare/Medicaid Certified Home Health agency. Today, it is employing hundreds of healthcare professionals and highly appreciated by the local community in central Florida.  The focus of the Company is in In-home care for the geriatric population, but also caters to a wide variety of age groups.  It offers RN, LPN, Aide, & Attendant Care. It also provides Wound Care, IV Infusion Care, PT, Occupational Therapy, Speech Therapy, and Medical Social Worker.

The Company has agreements with Medicare Advantage plans, such as, United Health Care, Aetna, Care Plus, Cigna, Freedom, Humana, and Optima, as well as LTC Insurance plans such as, Florida Community care, Molina, Humana, Simply, and Sunshine. 

It has a diverse and unique portfolio of licenses in Florida, including a Home Health license certified by Medicare/Medicaid, a Nurse Registry License, and Supplemental Staffing. Along with a team of long-serving nurses, the Company ensures continuity and consistency in the care provided to its individual patients and healthcare facilities. 

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 client’s needs. The Company has a long track record of success and a well-established reputation in Orange, Osceola, and Seminole counties.

There is a strong opportunity for expansion into Brevard County (Florida's AHCA Area 7) where 24.6% of the population is 65 years and older (approximately 150,000 people). Other neighboring AHCA areas also present ample room for additional revenue growth.  There is also a tremendous opportunity to grow by accepting traditional Medicare/Medicaid, starting in 2024.  This can have a significant impact on the top and bottom lines. Specialized staff will be needed for billing and coding in order to handle. 

The Company has a dedicated team of Registered Nurses, Licensed Practical Nurses, Occupational Therapists, Physical Therapists, and Home Care Aides who offer personalized care for patients and healthcare facilities.  It offers 24/7 multilingual customer support and intake. Real people on the phone ensure prompt responses to inquiries and reduce missed revenue. Bilingual contractors allow them to serve a diverse range of customers and offer services that are overlooked by competitors.

Key highlights of the business include:

  • More than 25 years of experience in providing top-notch skilled nursing care to home health With a wide range of Payors that accepts most insurances and has a diverse payor base, with ability to select patients according to the best paying insurance providers.
  • The Company employs 15 office staff and 150+ independent contractors (1099), with a profit margin on services provided by contractors ranging from 20-25%. By prioritizing the recruitment of top-tier nurses and caregivers, the Company has built a highly skilled and profitable
  • The Company has 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 This patient referral network is unparalleled and sourced from doctors, social workers, healthcare facilities, and hospitals, with patient referral platforms such as NaviHealth and CarePort bringing in most of the new patients.
  • The Company has experienced consistent growth and a 24% increase in 2022 compared to 2021, reaching a record high of $8.117 million in 2023. After a brief pause in 2023, 2024 is expected to see revenue increases along with new opportunities that will come with expanded marketing.
  • Besides the Owner, the office is staffed with Billers/ Collectors, Intake staff, HR staff, QA Nurse, Schedulers, and Business Development. 

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.

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 professionals and staff are available to work with a new owner. 

LISTING DETAILS:
Total Sales: $8,117,000
Cash Flow: $1,601,688
EBITDA: $1,452,000
Reason For Sale:

Retirement

OPERATION:
Year Established: 1998
Employees: 26
SUMMARY:
Competition:

Excellent Positioning

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

Maurice J Boudreau

Phone: 321-960-1320
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