Business Overview

Established in 1990 this Home Care Company is selling their non-skilled agency arm. Revenues are comprised of payments from CHCPE, LTC, Respite, Anthem PCA, VA, and Private Pay. They currently have 40 W2 employees in rotation. Current revenue shows lower than previous years due to the seller focusing on growing their Medical services division. Company has a great reputation on which you can continue to build. They are licensed by the CT Department of Consumer Protection.

The buyer will be purchasing their non-skilled agency and move the operations to their own office. Gross profit is $237k, 31% of 765k revenue.

We currently have another NON-SKILLED home care agency for sale 10 minutes away with an office across the street from the train station. This is a perfect opportunity to purchase both companies which would yield a sum greater than its parts.


  • Asking Price: $500,000
  • Cash Flow: N/A
  • Gross Revenue: $765,000
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1990

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:40
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Will provide

Purpose For Selling:

Other interests

Additional Info

The company was started in 1990, making the business 32 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell businesses. However, the real reason and the one they say to you may be 2 totally different things. For instance, they might claim "I have a lot of other obligations" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these might simply be justifications to attempt to hide the reality of transforming demographics, increased competitors, current reduction in profits, or a range of other reasons. This is why it is very important that you not count absolutely on a seller's word, but instead, utilize the vendor's response combined with your general due diligence. This will repaint an extra reasonable picture of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Numerous companies borrow money in order to cover items such as stock, payroll, accounts payable, etc. Keep in mind that sometimes this can suggest that revenue margins are too thin. Numerous businesses fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that should be fulfilled or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area bring in new customers? Most times, operating businesses have repeat customers, which form the core of their everyday revenues. Particular aspects such as new competitors growing up around the area, road construction, and also employee turn over can affect repeat consumers and adversely affect future earnings. One important point to take into consideration is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Obviously, the more people that see the business regularly, the better the possibility to build a returning customer base. A last thought is the basic location demographics. Is the business situated in a densely populated city, or is it located on the outskirts of town? Exactly how might the local average home earnings impact future income potential?