Home Care Agency - North/Central CT

Hartford County, CT

Seller Financing Available
Home Care Agency - North/Central CT

Asking Price:$825,000

Cash Flow:$250,000

Gross Revenue:$2,500,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Home Care Agency - North/Central CT

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Business Description

First time offered for sale – after over 20 years of business seller is ready to retire. This home care agency focuses on NON-MEDICAL in home care. The present owner has chosen to operate in a specific area and is the industry leader in their market. At present the majority of their work is Medicaid. The present owner has focused the business on primarily Medicaid daily care and (has a limited number of private paid clients). The agency is run very efficiently with (a minimal number of office staff), and employs approximately 150+ care givers in the field. They serve over 300 clients at any given time. Current staff will remain post sale. Seller will offer training to facilitate smooth transition.

Detailed Information

Facilities:
Business currently operates out of a commercial office space of approximately 1,000 sq ft.
Growth & Expansion:
The new owner could easily expand the business by adding 24/7 care; advertising and pursuing additional private care business.
Financing:
SBA pre-approved – with 25-30% down; Seller willing to hold 10% note.
Reason for Selling:
retirement

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Bo Prybyla

Business Listed By:
Bo Prybyla

Synergy Business Brokers

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Blake Taylor

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