Business Overview

This Home Healthcare Agency was established in 2013 and offers skilled nursing, home health aide, therapy with a positive quality rating with CMS. Additionally, this agency has grown to offer a variety of other services as well. Because of the confidentiality of this listing, proof of funds, or fundability is required, along with a signed Non-Disclosure Agreement (NDA). Please refer to listing 84541-493751 and advisor Pat Bass when inquiring on this listing.

Financial

  • Asking Price: $675,000
  • Cash Flow: $263,555
  • Gross Revenue: $1,444,150
  • EBITDA: N/A
  • FF&E: $111,575
  • Inventory: $11,500
  • Inventory Included: Yes
  • Established: 2013

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:10,000
  • Lot Size:N/A
  • Total Number of Employees:61
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Type of Location Free-Standing Facilities Monthly Rent $0.00 Square Units (Foot, Meter) 10,000 Lease Expiration Date Terms Options

Is Support & Training Included:

Seller will train for 13 weeks at no cost

Purpose For Selling:

Retirement

Additional Info

The business was established in 2013, making the business 9 years old.
The sale does include inventory valued at $11,500, which is included in the suggested price.

The company has 61 employees and is located in a building with disclosed square footage of 10,000 sq ft.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell businesses. Nonetheless, the genuine reason vs the one they say to you may be 2 totally different things. As an example, they may state "I have way too many other commitments" or "I am retiring". For many sellers, these factors stand. However, for some, these may simply be justifications to try to hide the reality of changing demographics, increased competitors, recent decrease in revenues, or an array of other reasons. This is why it is very important that you not rely entirely on a vendor's word, yet rather, make use of the vendor's response combined with your overall due diligence. This will paint a much more realistic image of the business's current situation.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Many businesses finance loans in order to cover points like supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can imply that earnings margins are too thin. Many companies fall under 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 take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that must be fulfilled or may result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location draw in brand-new customers? Often times, companies have repeat customers, which form the core of their daily earnings. Certain variables such as new competition growing up around the area, roadway building and construction, and personnel turnover can influence repeat clients and adversely influence future earnings. One important thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Clearly, the more individuals that see the business regularly, the greater the chance to construct a returning customer base. A final thought is the general location demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? Just how might the regional median family earnings impact future income potential?