Business Overview

Opportunity to enter or expand your existing business in the growing home health
care field with this acquisition. Born over a decade ago out love and with a mission to
provide independent and healthier care while clients enjoy independence and
companionship. Additionally, they provide transportation services to help clients with
appointments, complete essential tasks and maintain connections to family and friends.
By building caring relationships this business has engrained itself as an essential part of the community. All employees share and emulate the mission vision to provide the best possible quality of life and have helped the business to grow.
The company office building, located in the main business district is also for sale
allowing the new owner to be centrally located and attend to clients in the surrounding communities efficiently.
If your passion is to lead a team that becomes like family to clients, please contact us to learn more about this community serving opportunity.

Financial

  • Asking Price: $240,000
  • Cash Flow: N/A
  • Gross Revenue: $212,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2009

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:1,452
  • Lot Size:N/A
  • Total Number of Employees:12
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Owner will assist in a smooth transition.

Purpose For Selling:

Retirement

Additional Info

The company was founded in 2009, making the business 13 years old.

The business has 12 employees and is located in a building with estimated square footage of 1,452 sq ft.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people decide to sell businesses. Nonetheless, the real reason vs the one they tell you may be 2 totally different things. As an example, they might claim "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these factors stand. But, for some, these may just be justifications to attempt to hide the reality of changing demographics, increased competitors, current reduction in earnings, or a variety of other factors. This is why it is very crucial that you not depend totally on a vendor's word, but rather, use the seller's answer in conjunction with your total due diligence. This will paint an extra sensible picture of the business's present scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your deal. Lots of operating businesses finance loans in order to cover things like supplies, payroll, accounts payable, and so on. Bear in mind that occasionally this can suggest that earnings margins are too thin. Many organisations come under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that have to be met or may lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the location bring in brand-new consumers? Often times, businesses have repeat consumers, which form the core of their everyday revenues. Specific elements such as brand-new competitors sprouting up around the location, road construction, and staff turn over can influence repeat consumers as well as adversely affect future revenues. One important point to consider is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the greater the chance to build a returning customer base. A final thought is the general area demographics. Is the business located in a largely populated city, or is it situated on the outskirts of town? Just how might the regional median house income effect future earnings potential?