Established Medicaid Home Care Business With Tremendous Growth
| Asking Price: | $7,200,000 |
| EBITDA: | $990,000 |
| Gross Revenue: | $5,500,000 |
| Established Year: | 2018 |
Non-Complex Home Care Services, Over 450 Clients, 350 Employees
We are a Medicaid-Provider approved by the State of Michigan. We provide caregivers to eligible Medicaid clients to render non-complex care such as cooking, cleaning, laundry, shopping, etc.
Over 450 Clients, and roughly 350 employees.
At the very basis of it, we almost exclusively hire family members who are already taking care of their loved ones, and offer to pay them for the work they're already doing taking care of a loved one. We bill the client's medicaid for the services and receive a flat rate from the State of Michigan.
Low overhead and low personnel required to run the business. Only 3 Administrative Employees, all the rest are caregivers.
Cash flowing business with plenty of room to grow and an established client base to receive referrals from. Also in a fast growing industry with a fast growing client demographic.
We’ve done minimal marketing, plenty of room for the buyer to use cashflow to fuel growth.
Based in Oakland County but approved to service the entire State of Michigan. Currently servicing clients in multiple counties across the State.
NOT a franchise company. Started in 2018 and have seen positive growth since inception.
Interested in selling because of personal reasons; ready to retire.
Willing to negotiate but please no low-ball offers.
