Opportunity to Establish a Home Health Agency in Macomb County, Michigan

Financial & Assets Details

About the Business

Business Description

All Buyers - Individual(s) or Corporation(s)
Must Provide Resume(s), Proof of Net-Worth, and/or Revenues, Proof of Funds to make the Purchase, and Purchase Plan.
All Buyers are Introduced to the Seller based on the Buyer submission of Information. Approval Granted by the Seller, to the Buyer to Review the Offering Book in Detail.
It is expressed that American Healthcare Capital Does NOT Advise Sellers or Buyers to engage another party with no experience in the Healthcare Industry and/or other industry; and rejects potential sellers or buyers based on lack of industry knowledge a factor in qualification of any seller and/or buyer engagement.

QUALIFIES FOR SBA FINANCING INQUIRE

Growth & Expansion

In anticipation of seller, the sellers have run the agency with a minimal census. They currently have 16 patients, of which 10 are Medicare and 6 are Medicare HMO. Gross revenues have been consistently under $200,000. Their payer mix is 69% Medicare, 26% Medicare HMO, and 5% Auto, Worker’s Compensation, HAP (Out of Network), and Self Pay.

Market Competition:

I am pleased to introduce an opportunity to establish a Medicare home health agency in Macomb County, Michigan. The company has been Medicare certified since 2011. Their service area covers Macomb, Oakland, St. Clair, and Wayne Counties.

Location Details:

Macomb County, Michigan

Support & Training

A new owner would be expected to bring on their own staff, but the seller will assist during a short transitional period if needed. The asking price for this opportunity is $150,000, and the owner is highly motivated to sell.