Hot Listing
Profitable Licensed Home Care in NJ
Business Description
This Home Care Business is a premier home care provider in New Jersey. Founded in 1985, it specializes in live-in care services, focusing on serving seniors and their families with comprehensive in-home care solutions. The company holds a Home Health Care Services Firm License through the NJ Division of Consumer Affairs and has earned an A+ rating from the BBB. In addition, it is accredited by the National Institute for Home Care Accreditation.
The service area encompasses Northern and Central NJ with a population of 6.86M, including 1.21M seniors over age 65. The Company maintains strong referral relationships with area hospitals like Atlantic Health Care and RWJ Barnabas health and Valley Hospital health system and Hackensack Meridian Health, as well as Geriatric Care Managers, assisted living communities, nursing homes, memory care facilities, and long-term care insurance providers.
The Company's specialties include 24/7 live-in care that includes client assessments, and highly trained caregiver team for complex medical conditions including dementia, Parkinson's, and other debilitating conditions. Their service model is built on a Person-Centered Care is an approach to healthcare that focuses on the individual patient’s needs, preferences, and values The Company maintains a staff of over 35 experienced caregivers, Each of the Company’s clients has a Client Coordinator who schedules staff and coordinates client services, as well as a team of Registered Nurse Client Supervisor who make home visits to ensure quality care by establishing a care plan suited to each client’s needs. To ensure a successful placement, the Client Coordinator carefully matches the Caregiver’s skill level to the specific needs and personality of the client.
Core Services:
• Live-in care services
• NJ Certified Home Health Aides
• Companion Care
• Homemaking services
• Hospital-to-home transition support
• Memory Care
The business operates with a streamlined management structure including one owner functioning as Area Director, supported by a Staffing Coordinator and Nursing Supervisors. The Company has developed strong referral relationships within the healthcare industry, with approximately 10% of clients having Long Term Care Insurance benefits and the remainder being private pay.
The Company has an excellent reputation and is highly regarded for delivering quality customer service and superior care, with particular expertise in serving clients with complex care needs including co-morbidities, dementia, Parkinson's and other debilitating conditions. With over 35 trained caregivers on staff and established referral relationships built over decades, the Business is well-positioned in the growing home healthcare market.
The Business has several differentiating characteristics:
? Potential for Multiple revenue streams (VA Aide and Assistance Program, Long Term Care insurance partnerships, State funded family caregiver programs).
? Potential for Hospitals to become payers to help reduce their Length of Stay (Hospital to Home Program)
? 24/7 Access: The Company has on-call coordinators and answers inquiries about its service around the clock.
? Marketing: The Company has cultivated strong referral relationships.
? Virtual Structure: The company utilizes remote resources that provide flexibility.
? Professional Referral network – B2B model that is value based and price based
? Comprehensive Assessments: A more thorough assessment of clients’ needs than most competitors, leading to 90% conversions.
? Technology-based Operations Management: Tools that inject efficiency into the operations.
According to IBISWorld, the home care industry has seen steady growth, with revenue expanding at a CAGR of 1.9% to an estimated $137.2 billion over the past five years, including projected growth of 0.6% in 2024. Looking ahead, revenue is forecast to grow at a CAGR of 3.6% to reach $163.9 billion over the next five years as demographic trends and growing preference f
The service area encompasses Northern and Central NJ with a population of 6.86M, including 1.21M seniors over age 65. The Company maintains strong referral relationships with area hospitals like Atlantic Health Care and RWJ Barnabas health and Valley Hospital health system and Hackensack Meridian Health, as well as Geriatric Care Managers, assisted living communities, nursing homes, memory care facilities, and long-term care insurance providers.
The Company's specialties include 24/7 live-in care that includes client assessments, and highly trained caregiver team for complex medical conditions including dementia, Parkinson's, and other debilitating conditions. Their service model is built on a Person-Centered Care is an approach to healthcare that focuses on the individual patient’s needs, preferences, and values The Company maintains a staff of over 35 experienced caregivers, Each of the Company’s clients has a Client Coordinator who schedules staff and coordinates client services, as well as a team of Registered Nurse Client Supervisor who make home visits to ensure quality care by establishing a care plan suited to each client’s needs. To ensure a successful placement, the Client Coordinator carefully matches the Caregiver’s skill level to the specific needs and personality of the client.
Core Services:
• Live-in care services
• NJ Certified Home Health Aides
• Companion Care
• Homemaking services
• Hospital-to-home transition support
• Memory Care
The business operates with a streamlined management structure including one owner functioning as Area Director, supported by a Staffing Coordinator and Nursing Supervisors. The Company has developed strong referral relationships within the healthcare industry, with approximately 10% of clients having Long Term Care Insurance benefits and the remainder being private pay.
The Company has an excellent reputation and is highly regarded for delivering quality customer service and superior care, with particular expertise in serving clients with complex care needs including co-morbidities, dementia, Parkinson's and other debilitating conditions. With over 35 trained caregivers on staff and established referral relationships built over decades, the Business is well-positioned in the growing home healthcare market.
The Business has several differentiating characteristics:
? Potential for Multiple revenue streams (VA Aide and Assistance Program, Long Term Care insurance partnerships, State funded family caregiver programs).
? Potential for Hospitals to become payers to help reduce their Length of Stay (Hospital to Home Program)
? 24/7 Access: The Company has on-call coordinators and answers inquiries about its service around the clock.
? Marketing: The Company has cultivated strong referral relationships.
? Virtual Structure: The company utilizes remote resources that provide flexibility.
? Professional Referral network – B2B model that is value based and price based
? Comprehensive Assessments: A more thorough assessment of clients’ needs than most competitors, leading to 90% conversions.
? Technology-based Operations Management: Tools that inject efficiency into the operations.
According to IBISWorld, the home care industry has seen steady growth, with revenue expanding at a CAGR of 1.9% to an estimated $137.2 billion over the past five years, including projected growth of 0.6% in 2024. Looking ahead, revenue is forecast to grow at a CAGR of 3.6% to reach $163.9 billion over the next five years as demographic trends and growing preference f
About the Business
- Years in Operation
- 40
- Number of Employees
- 41
- Facilities & Assets
- Leased
mo2mo – Long Term Tenant (over the 12 years) - Market Outlook / Competition
- Highly differentiated business
- Opportunities for Growth
- Excellent
About the Sale
- Seller Motivation
- Personal/Retirement
- Transition Support
- Owern will assist during a transitional period. The caregivers and office staff, all of which are W2 employees, are available to work with the new owner.
Listing Info
- ID
- 2338941
- Listing Views
- 2579
Listing ID: 2338941 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNew Jersey Businesses for SaleNew Jersey Health & Medical Businesses for SaleNew Jersey Other Health & Medical Businesses for Sale