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$260,000 Revenue Medicaid and Private Duty Home Care Agency in Southeast Virginia

Listing Code:

VAPD1G

State:

Virginia

Category:

Home Care & Home Health

Asking Price:

$100,000

Revenue:

$260,000

VAPD1G

American HealthCare Capital is pleased to introduce a Medicaid and Private Duty Home Care Agency for sale in Southeast Virginia. The company provides a full range of non-skilled personal home care services, including walking assistance, hygiene assistance, housekeeping, companionship, respite, and more. Payers include Medicaid, private pay, and MCOs. They serve a 5 county area. Gross Revenues were in the $400,000 range in 2018 and 2019. Due to the pandemic, they saw a decline in 2020 and 2021, but they are starting to see business stabilize. They ended 2021 with $260,000 in gross revenues, and they anticipate similar or better results in 2022. The current census is 12 clients, with no 24 hour clients, and they bill an average of 850 hours per month. The biggest challenge recently has been a shortage of staff and changing requirements from the state. The staff includes a pool of 20 caregivers, all of whom are expected to stay on, and the owners will assist during a transitional period. A new owner would be acquiring a fully licensed, turnkey home care operation with caregiving staff in place to build upon. The asking price for this opportunity is $100,000.

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Listing Code:

VAPD1G

Listing Title:

$260,000 Revenue Medicaid and Private Duty Home Care Agency in Southeast Virginia

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Listing Title:

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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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About PRIME exits®
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​PRIME exits® is a middle-market M&A advisory firm focused on founder-led, owner-operated, and legacy businesses across Healthcare, Engineering, Manufacturing, Robotics, Automation, and related sectors. We represent business owners seeking a full or partial liquidity event and provide strategic guidance designed to prepare companies for institutional capital, enhance valuation, and position them for successful transactions with strategic acquirers, private equity firms, family offices, and institutional investors.

Our services include exit planning, value enhancement, transaction preparation, buyer identification, negotiation support, and transaction execution. We work closely with founders and executive teams to help maximize shareholder value and achieve their personal and financial objectives.

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PRIME exits® does not provide legal, tax, accounting, investment, or other regulated professional advice. Clients are encouraged to seek independent advice from qualified legal, tax, accounting, and financial professionals regarding matters specific to their circumstances.

From time to time, PRIME exits® may introduce clients to third-party service providers, including attorneys, accountants, quality of earnings providers, consultants, lenders, valuation experts, and other professionals. Any fees collected on behalf of such third-party providers are processed solely as an administrative convenience. PRIME exits® does not assume responsibility for the services, advice, or work product of any third-party provider.

PRIME exits® is a registered trademark of Nazeri & Company LLC (United States) and Nazeri & Company Co., Ltd. (Thailand), two separate and independent legal entities operating within their respective jurisdictions.

Healthcare-related transactions are conducted through American Healthcare Capital and its affiliated partners, subject to applicable regulatory and licensing requirements.

Through PRIME exits®, American Healthcare Capital, and their affiliated independent managing directors, advisory services are provided across more than 35 virtual office locations throughout the United States, Southeast Asia, and Europe. Each independent managing director operates under separate contractual arrangements and may be subject to jurisdiction-specific licensing, regulatory, and professional requirements.

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