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$2.1 Million Revenue Home Health Agency Serving the Greater Detroit, Michigan Metro Area

Listing Code:

MIMC3V

State:

Michigan

Category:

Home Care & Home Health

Asking Price:

$2,500,000

Revenue:

$2,100,000

MIMC3V
American HealthCare Capital is pleased to introduce a Medicare Certified Home Health agency for sale serving the greater Detroit, Michigan Metro area. The company has been in business for nearly 3 decades and is CHAP accredited. Their service area covers Oakland, Wayne, and Macomb Counties. The company’s payer mix is 60% Medicare and 30% Medicare Plus Blue, and 10% other. Gross revenues were nearly $1.3 million in 2020, almost $2 million in 2021, and nearly $2.1 million in 2022. Adjusted EBITDA was $507,367 in 2021 and $688,232 in 2022. Their current census is 150 patients. The staff is expected to stay on, and the owners are open to staying on for an extended period if desired. The asking price for this opportunity is $2.5 million.

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Listing Code:

MIMC3V

Listing Title:

$2.1 Million Revenue Home Health Agency Serving the Greater Detroit, Michigan Metro Area

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Contact the Team

Jack Eskenazi American Healthcare Capital

Jack Eskenazi

President/Founder

American HealthCare Capital

Dr. Allen Nazeri DDS MBA.jpg

Dr. Allen Nazeri 

Managing Partner

PRIME exits

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