We are a home care company in Pittsburgh Pennsylvania that has been operational since 2019. Due to bad debts and continuous litigation the owner can no longer operate the corporation. Total debts are 903k and there is an ERTC payment that will be on the way in October to December for 755000. 2022 was a profitable year with 100k in profits in spite of litigation costs and other issues. Contracts with insurance and state are still active and we have 80 clients in roster. May of 2023 we did a total of 289k in revenue. YTD we have been negative 40k in profits due to penalties and professional fees. All issues will subside once debts are paid. We respect all offers however an offer is due by July 20th. If overtime, bad debts along with unprofitable cases are eliminated this will be a major cashflow organization. Again this is a speedy sale and we need offers on the table as soon as possible. Thanks for your consideration.
