$2.5 Million Non-Medical Home Care Agency in Southwest Michigan
Southwest Michigan Non-Medical Home Care Agency Established in 2006
On NextCompany since August 28, 2026 (today)
MI areaEstablished 2006
Business overview
A non-medical home care agency has operated in Southwest Michigan since 2006. The agency spans more than four counties with non-skilled services. Medicaid Waiver accounts for 70% of the payer mix. Gross revenue reached $2,500,000 with adjusted EBITDA of $542,595. The asking price is $2,000,000. Staff can stay while sellers assist during a short transition.
Who is a good fit for this business
- Buyers familiar with Medicaid Waiver programs suit this Michigan agency.
- Operators seeking growth through satellite offices and referrals find opportunities here.
- Investors who prefer staff continuity value the available team.
Details
- Reason for selling
- The sellers are looking to focus on retirement.
Frequently Asked Questions
Medicaid Waiver comprises 70% of revenue. Private pay adds 20%. Other sources make up the remaining 10%.
The sellers seek to focus on retirement. They will assist during a short transition period. Staff remain available to support operations.
Growth can come from expanded referrals within the current service area. Satellite offices offer additional expansion potential. The agency has operated since 2006.
Gross revenue stands at $2,500,000 with adjusted EBITDA of $542,595. The 2016 revenue reached $2,370,000 at a 23% margin. The asking price is $2,000,000.