Company Overview

PRIME exits and American Healthcare Capital are pleased to be the exclusive representative of a highly reputable home care business for sale in Northeast Florida near Jacksonville, which is available for a 100% acquisition. Established in 2007, this company provides a comprehensive range of skilled and non-skilled home healthcare services, including skilled nursing, physical therapy, occupational therapy, speech therapy, medical social work, and personal care services. With an extensive network of contracts, including agreements with the VA, the business has built a solid reputation for quality care and compliance.

Financial Overview

The company operates with a lean, efficient structure, resulting in strong profitability. Despite a recent strategic decision to focus on profitability over revenue volume, it remains well-positioned for growth under new ownership. Current financial performance demonstrates healthy margins. The company is projected to finish 2024 at $1,366,593 with a net adjusted EBITDA of $326,345 (24%).

Key Strengths

Key strengths of the business include an experienced team of clinicians, excellent regulatory and statutory compliance, robust documentation processes, and one of the highest numbers of home healthcare contracts in the area. The business also benefits from a stable referral base, with clients sourced from hospitals, insurance companies, doctors, and word-of-mouth recommendations.

Exit Plan

The founders, who are nearing retirement, are committed to facilitating a smooth transition to the new owner. They are open to staying on during a mutually agreed transition period to ensure operational continuity and success.

Asking Price

This business represents an excellent opportunity for a strategic buyer looking to expand their presence in the thriving home healthcare industry in Northeast Florida. The asking price is $1.5 million and the sellers are open to reasonable offers and deal structures.