2013-12-09



New Jersey State licensed accredited and Medicaid approved Home Care Agency providing quality care and assistance to elderly, disabled and patients recovering from illness or surgery. The agency has available 80 home health aides and six internal employees in order to properly service its clients. The experienced staff of Registered Professional Nurses and Home Health Aides assist clients with physical and emotional support in the convenience of their home. This company collaborates with a variety of healthcare professionals to ensure the highest quality of service including Physical Therapists, Physicians, Psychiatrists, Neurologists and their Home Health Aides assist patients with all basic services including physical exercises, light housekeeping and more. Their aides facilitate activities of daily living under the supervision of a Registered Professional Nurse and all caregivers are bonded and insured. An individual plan of care is designed for the patient by a New Jersey licensed Registered Professional Nurse (R.N.) based on medical assessment and patient’s need. The Plan of Care addresses medical, physical, social and emotional aspects of patient’s needs. The company accepts private payment, long-term insurance, most private insurances and Medicaid. In addition, this home care agency participates in a variety of programs, including CCPED, ACCAP, RESPITE, GLOBAL OPTIONS, JACC, HOSPICE, MCMAP, VNA and HIVHC. In order to maintain the highest standard of care possible the company consistently demonstrates full compliance with NJ State regulations and the staff undergo State and Federal screening, fingerprinting, intensive interview process that includes reference verification and skill evaluation.The sale include NJ State license to conduct business, Medicaid approval, various computers, software for this industry, accounting software, training equipment and the required furniture for various offices to conduct the daily operation, etc. The facility has private parking on site and part of the lease agreement. The agency is open five days per week, however due to the type of in home service the company is on call 24 / 7 in order to meet the client’s demands. The agency has a NJ State license with the department of consumer affairs as a home health agency and is state approved as a Medicaid provider. This business has six employees and 80 home health aides who are unaware of the pending sale and fully expected to remain post closing, monthly payroll $77,100. The business has an assignable commercial lease which expires 2018-01-01 with a monthly rent of $2,800 and rent security $4,600. Based on the asking price, required down payment and yearly net income this business should supply a 25% return to the owner operator prior to debt service. Wonderful business opportunity.

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