American HealthCare Capital is pleased to introduce a Medicaid Home Care agency for sale in the Columbus, Ohio area. The company has been in business since 2008 and provides a full range of non-skilled, in-home personal care and homemaking services. Their service are spans 8 counties in Central Ohio.
The company’s payer mix is 98% Medicaid and 2% private pay. Gross revenues were over $1.71 Million in 2017 and are on track to be $1.35 Million in 2018 based 8 months of the year. The current census is 60 patients. The company is profitable and has potential for expansion with increased marketing.
All staff is expected to stay on under new ownership. The owner wants to retire out of the area but would be available for a transitional period. The asking price for this opportunity is $950,000.