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Profitable Hospice Agency
Location: United States -> Illinois -> Chicago
Industry: Health and Medical > Other Health and Medical

Business Summary

Profitable, privately-owned home hospice and palliative care agency for sale for $400,000 with clean Medicare, Medicaid licenses in 6 Chicago metropolitan countries, with 3 years left on its recertification. The opportunity is ideal for accredited individuals or other healthcare who wish to expand their presence in the Chicago area.

This company provides hospice care: private duty nursing, personal care, respite care, medical social work assistance, spiritual counseling, nutritional guidance, therapy, and bereavement support. Revenues are 100% Medicare. 7-10 patient census this year. Company can accommodate up to 15 with existing staff. Strong referral pathway from senior living and/or care facilities, hospitals, physicians and the Company's medical directors.

Company has built an excellent reputation in the community due to its outstanding quality of care and services. Owners wish to exit the Company in order to focus on their other health care businesses. The Company believes additional marketing resources and staffing brought by a new owner can fuel significant future growth. Current staff (excluding owner) are willing to be retained post-transaction.


Asking Price Range:  $250K - $500K
Gross Revenues:   $550,000
Cash Flow:   $110,000
Cash Flow Type:  EBITDA
Inventory:  minimal
Seller Financing:  No

About The Business

Year Established:  2014
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  For CNAs.
Reason For Selling:  Owners wish to exit and focus on their other healthcare businesses.

Print Listing Id: 700268913
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