Business Overview

This independent market leader provides non-medical care and assistance with daily living for seniors living in a major metropolitan area market with a readily assessable market of over 300,000 seniors. This firm has been providing Personal Care, Companionship, VA Benefit Assistance and other services for over 25 years under the same brand name.

The firm’s well diversified payer mix consists of 68% Medicaid, 20% Private Pay and 12% VA. Annual revenue has been greater than $1.5 million for the last 9 years. In 2021 the company provided service to more than 125 clients at an average gross margin in excess of 28%.

While the company is supported by a well tenured staff and strong core of caregivers, there are numerous synergy opportunities available to an acquirer with overlapping operations. Overall, this business is an excellent opportunity for a new owner or as an add-on to an existing home care business


  • Asking Price: $795,000
  • Cash Flow: $285,000
  • Gross Revenue: $1,750,000
  • EBITDA: $185,000
  • FF&E: $5,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1996

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:1,100
  • Lot Size:N/A
  • Total Number of Employees:90
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The Company operates out of a well-equipped centrally located leased office.

Is Support & Training Included:

Current ownership is committed to assisting with a thorough transition.

Purpose For Selling:

Seller is focused on other business interests.

Pros and Cons:

Senior care alternatives include franchise and independent home care firms as well as Independent/Assisted Living Facilities and Residential Care Homes.

Opportunities and Growth:

This company has an accessible market of over 300,000 seniors. As the oldest of the US baby boomers reach their 70s and live longer, demand for in-home care is expected to explode. President Biden’s plans to expand Medicaid and to provide seniors with greater access to home car, bodes well for this company and its older than average demographic.

Additional Info

The venture was founded in 1996, making the business 26 years old.

The business has 90+ employees and resides in a building with disclosed square footage of 1,100 sq ft.
The real estate is leased by the business for $1,100 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals resolve to sell operating businesses. Nonetheless, the real factor and the one they tell you may be 2 entirely different things. For instance, they might state "I have a lot of other obligations" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these might just be excuses to attempt to hide the reality of transforming demographics, increased competitors, recent reduction in incomes, or a variety of various other factors. This is why it is really crucial that you not depend totally on a vendor's word, however instead, utilize the seller's response combined with your overall due diligence. This will paint a much more reasonable picture of the business's existing situation.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of companies take out loans in order to cover things like supplies, payroll, accounts payable, and so on. Remember that in some cases this can indicate that earnings margins are too thin. Lots of companies fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that must be met or might lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location bring in new customers? Many times, businesses have repeat consumers, which create the core of their day-to-day profits. Certain factors such as brand-new competition growing up around the location, road construction, and also personnel turnover can influence repeat consumers and negatively impact future revenues. One important thing to think about is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Obviously, the more people that see the business on a regular basis, the better the opportunity to construct a returning consumer base. A final idea is the basic location demographics. Is the business situated in a densely inhabited city, or is it located on the outskirts of town? How might the local mean family income effect future earnings prospects?