Business Overview

This 23-years established “Non-Medical” senior care company is for sale. This particular business was one of the very first companies in the United States to offer in-home care to seniors and adults with disabilities, illnesses, or injuries, and we are focused on delivering compassionate care for each and every client we serve. Our services also include in-home care, technology, wellness checks and nutrition to ensure our clients have round the clock total care even when a caregiver is not in the home. The Senior In-Home Care industry is growing rapidly. The industry is expected to grow each year for another 30 years. The business has a unique operating system, which creates the most clients, attracts the best caregivers, and produces some of the highest profit margins in the industry. There is a strong need and desire among seniors to age in place with dignity and respect in their homes.
This highly scalable business includes a large exclusive territory serving an industry with explosive growth and multiple earnings streams. No industry experience is need because full training and ongoing corporate support will be included with this sale.
Contact Chris for detailed information.

Financial

  • Asking Price: $119,899
  • Cash Flow: $147,200
  • Gross Revenue: $739,600
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1997

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:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Contact for detailed information about this business. (Home Based)

Is Support & Training Included:

Full training and support will be included.

Pros and Cons:

Exceptional name in the industry.

Opportunities and Growth:

The aging baby boomer generation is driving this growth for decades to come.

Home Based:

This Business Is Home Based

Additional Info

The venture was established in 1997, making the business 25 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals decide to sell businesses. However, the true factor and the one they say to you may be 2 totally different things. As an example, they may claim "I have way too many various obligations" or "I am retiring". For numerous sellers, these reasons stand. But also, for some, these may just be excuses to try to hide the reality of altering demographics, increased competitors, recent reduction in revenues, or a variety of various other reasons. This is why it is extremely important that you not depend completely on a seller's word, but rather, use the seller's solution combined with your general due diligence. This will paint a more reasonable image of the business's present situation.

Existing Debts and Future Obligations

If the current company is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Lots of operating businesses finance loans in order to cover items such as supplies, payroll, accounts payable, and so on. Remember that in some cases this can mean that revenue margins are too tight. Numerous companies fall under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that have to be met or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area bring in new consumers? Often times, businesses have repeat customers, which form the core of their daily earnings. Specific aspects such as brand-new competition growing up around the location, road construction, and staff turnover can affect repeat clients as well as adversely influence future revenues. One essential point to take into consideration is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business on a regular basis, the better the possibility to develop a returning client base. A final thought is the basic location demographics. Is the business situated in a largely populated city, or is it located on the outskirts of town? Exactly how might the local average household earnings impact future income prospects?