Independent Owned Home Care Agency - Business for Sale
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Independent Home Care Agency Serving Connecticut
CT, US
Added today
Home Care Agency
Absentee / Semi-Absentee
This independently owned home care agency in Connecticut provides personal care, homemaker, and companion services to clients primarily in New Haven County, is licensed statewide, and serves both Medicaid and private pay clients.
Key Information
Asking
$1.2M
Revenue
$1.2M
Earnings
$270K
Multiple
4.4x
Key Highlights
- Business has been established for nearly 2 years.
- The agency provides approximately 1,200–1,300 service hours per week to 43 clients.
- Staff includes 100 W-2 aides, a full-time coordinator, and HR; owner is on-site 1 day per week.
- Service mix is 90% personal care assistants, 5% companions, and 5% homemakers.
- Current payer sources are DSS Medicaid and private pay; agency participates in Connecticut Home Care Program for Elders and Patient Care Attendant Waiver.
- Monthly rent is $1,025.
- Reimbursement rate for personal care assistants is $25.52 per hour; hourly pay rate is $16.94.
Contact Info
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