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Asking Price$2,100,000
Revenue$2,460,000 Established2003
Cash Flow$972,700 Employees15 full, 75 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
SOLD - Central Ohio: Well operated home health care provider company experienced average annual gross revenues of $2.5 million per year over the most recent four years.  2013 revenues on target and estimated to be similar.  Seller Discretionary Earnings topped $1.1 million in 2011 and exceeded $949,000 in 2012; 2013 results anticipated to be similar to 2012.  

Revenue mix: 35% Medicare, 55% Medicaid and 10% Medicare Replacement Plans.

Company facilitates Axxess industry software in addition to standard office suite.
Facilities:The Company operates from 1,600 square feet of office space. The office building complex in which the company is located has approximately 50 parking spaces which provide ample room for the Company’s needs.
Growth Potential:Demand for home health care will increase driven by the sheer number of older Americans. It is estimated that in the year 2030, nearly one in five US residents is expected to be 65 and older. This age group is projected to increase to 88.5 million by 2050. Because of medical advances, many of the medical conditions these people may suffer from will be better treated at home than in a hospital or nursing home.
Training/Support:Training and support will be provided.
Sale Reason:The owners have developed other business interest.
Ad #57149
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Grover Rutter
Grover Rutter Mergers, Acquisitions and Valuations
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