Established Home Health Care Agency (Phoenix) CHAP Accredited
Maricopa County, AZ
| Asking Price: | $1,500,000 |
| Rent: | $3,800/Month |
| Gross Revenue: | $1,727,802 |
| Established Year: | 2020 |
Listing ID: 2220784Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established Home Health Care Agency
Medicare Certified CHAP Accredited Home Health Agency for Sale in Phoenix Arizona!
Turnkey Opportunity, covering all of East, Central and West Valley.
Initial 36 months has been successfully passed as of June 2024 and Accreditation has been renewed until 2027. This agency will be Fully transferred to new owner(s) since there is no 36month rule that applies per Medicare guidelines
Current Contracts:
Medicare
VA Triwest Skilled
VA Triwest Non Skilled
UHC Medicare Advantage
Devoted Health
BCBS
Tricare DOD contract
Census:
175
Asking Price: $1.5M
Total Revenue for 2023: $1,249,457.86
Total Revenue for 2024: $1,727,802.98
DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
550
Lease Expiration
01/04/2025
Employees
23
Facilities
Current Office lease expires April 30, 2025
Competition
The home health care industry is a rapidly growing sector driven by an aging population, increased chronic health conditions, and a growing preference for in-home care.
This creates a favorable environment for businesses offering home health services, including skilled nursing, physical therapy, and personal care assistance.
Our Agency has built a reputation for a great place to work, amazing detailed personal care to each patient. Current team members are mainly hired with word of mouth, amazing place to work and assist our seniors.
Growth & Expansion
-There is a huge opportunity here to scale this agency. Currently there are 8-15 new referrals weekly, primarily with VA.. Once new owners hire more CNAs, they will be able to accept more referrals as now the agency will be able to utilize both skilled and non skilled contracts.
-New TriCare DOD contract has been awarded to be in effect as of January 2025
-Contract based only and quality of care is what drives business
-UHC, BCBS, Devoted Contracts are all in place and can be capitalized on as well.
Support & Training
Current Ownership is willing to stay on for 30 days for any training, etc.
Reason for Selling
Current Owners moving out of State
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