Business Overview

Well-established, reputable, turn-key in-home care agency licensed in OR with experienced management team in place and little owner involvement. This agency provides the individualized support people need to remain safely in their home and live as independently as possible for as long as they can. Trained, qualified caregivers implement individualized service plans to meet the unique and changing needs of each person. Services include companion care (companionship and socialization), home care (light housekeeping, laundry, meal prep, grocery shopping, pet care, etc.) and personal care (assistance with dressing, bathing, grooming, toileting, medication reminders etc.). An experienced management and support team is in place to manage the day-to-day operations of the business with limited involvement needed from the owners. Excellent acquisition opportunity for established provider seeking growth in the Oregon market.
This agency grew annualized revenues to over $900,000 within 24 months of being established. Revenue has continued to grow steadily and remained stable at approximately $1.2 million annually. Since inception the agency has built a solid reputation for quality and service and has well established relationships with referral streams that are not dependent upon the owners’ involvement. The sellers are retiring to pursue other interests.
The primary focus of this agency has not been rapid growth. They have built and maintained a quality, stable organization that could best serve the interest of its stakeholders. The buyer could pursue growth by expanding licensure, adding services and focusing on serving additional markets and a broader geographic area. This is a business providing high quality service and an opportunity poised for growth with an experienced team and well established policies, procedures and systems.

Financial

  • Asking Price: $749,999
  • Cash Flow: $190,403
  • Gross Revenue: $1,330,699
  • EBITDA: N/A
  • FF&E: $40,045
  • Inventory: $500
  • Inventory Included: Yes
  • Established: 2010

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:38
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

2 weeks

Purpose For Selling:

other interests

Pros and Cons:

The in-home care industry remains highly competitive with significant growth potential. This agency has differentiated itself by providing consistent caregivers and quality service to individuals who do not require complex care. This approach has allowed the agency to operate at lower labor costs with less liability and has created an attractive and supportive culture for caregivers.

Opportunities and Growth:

The primary focus of this agency has not been rapid growth. They have built and maintained a quality, stable organization that could best serve the interest of its stakeholders. The buyer could pursue growth by expanding licensure, adding services and focusing on serving additional markets and a broader geographic area. This is a business providing high quality service and an opportunity poised for growth with an experienced team and well established policies, procedures and systems.

Additional Info

The company was started in 2010, making the business 12 years old.
The deal will include inventory valued at $500, which is included in the listing price.

The business has 38 employees and is located in a building with estimated square footage of N/A sq ft.
The real estate is leased by the company for $1,600 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals decide to sell businesses. Nonetheless, the real reason and the one they say to you may be 2 entirely different things. As an example, they might state "I have too many various commitments" or "I am retiring". For numerous sellers, these factors stand. However, for some, these may just be reasons to try to hide the reality of altering demographics, increased competitors, current decrease in profits, or an array of other factors. This is why it is very crucial that you not rely completely on a vendor's word, however rather, use the vendor's solution in conjunction with your general due diligence. This will paint a much more realistic image of the business's current circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Lots of businesses finance loans so as to cover items such as inventory, payroll, accounts payable, etc. Remember that sometimes this can suggest that profit margins are too small. Numerous organisations fall into a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that have to be met or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area attract brand-new customers? Many times, businesses have repeat consumers, which create the core of their daily revenues. Particular factors such as new competitors growing up around the location, roadway building, as well as staff turnover can affect repeat customers and negatively affect future profits. One crucial thing to think about is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Clearly, the more individuals that see the business regularly, the greater the chance to develop a returning client base. A final thought is the general location demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? How might the local average home earnings effect future income prospects?