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Contact Listing Broker:

Fei Wang

Rapidly growing up home health care business, huge potential

Health Care

Address:

Chantilly, VA (Loudoun County)

Asking Price:

$470,000

Previous Year Revenue:

N/A

Years in Business:

N/A

Office Type:

N/A

Listed By:

Fei Wang

Equity Available:

100%

Three Year Revenue:

N/A

Number of Employees:

N/A

Business Website

Website URL

Brokerage:

CapStar Commercial Realty

Business Description

Funded in 2019 by sole owner, the number of customers grew from 4 at the beginning to nearly 30 in just 3 years. Home Health Aid for Medicaid and self-pay clients. Services including but not limit Personal Care, Respite Care, Private Duty Nursing, Consumer Director. Medicaid service is following the VA Medicaid pay rate, and self-pay increases 5-10% every year. The major customers are elder people or disability people, which is growing faster than before.


Detailed Information

Location: Chantilly, VA

Real Estate: Leased

Building SF: 500

Lease Expiration: N/A

Facilities: We provide the more friendly care and we had multi-language hotline. We also use the latest EVV software to track our care and communicate with client’s family member.

Competition: Market: Total Medicaid enrollment grew from 1.53 million to 1.76 million during the state of emergency, more and more elder people need care in the future. Competition:

Growth & Expansion: The business has 2 marketing staff focus on senior community. Each client’s they refer to the company, they can get the bonus every month. The business also has social worker will refer customers to the company. If the new owner could add more marketing staff and social workers, the business income would be increased dramatically.

Support & Training: License application support, 2 weeks training.

Reason for Selling: Retirement