In-Home Senior Caregiving and Companion Care in W. Omaha

Omaha, NE (Douglas County)

Seller Financing Available
In-Home Senior Caregiving and Companion Care in W. Omaha

Asking Price:$188,000

Cash Flow:$107,923

Gross Revenue:$498,140

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Rate/Sq. Ft.:N/A

Established:2010

In-Home Senior Caregiving and Companion Care in W. Omaha

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Business Description

Established client base and over 37 caregivers for home-based needs for seniors and others who require assistance. This business was established in 2010 to provide med checks and reminders, but has expanded into other aspects of companion care activities, including medication administration and management, bathing assistance, feeding tube assistance, blood draws, wound care, eye and ear drops and meal preparation. 95% of the 32 clients are private pay, but business will assist with paperwork for client to file with, and be directly reimbursed from, any long term care insurance company.

Located in West Central Omaha, this business has a fully built-out website and social media presence.

The office is open from 8:30am to 5:00pm with an after-hours answering service responding to calls outside of office hours. Caregivers are assigned in advance by the on-staff scheduler, allowing for an incoming owner to set their own hours and work as much or as little as desired.

Based on 10% buyer down payment of $18,800 and loan payments of $30,423 as shown in the example above, an incoming buyer would achieve $33,821 in Net Operating Income (profit after business expenses and loan payments). This is a 180% return on investment beyond the original down payment.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
1,700
Lease Expiration:
N/A
Employees:
40
Growth & Expansion:
Expand relationships with senior care facilities, apply for Iowa licensing to serve Council Bluffs as well
Financing:
15%
Support & Training:
90 days
Reason for Selling:
Growing family

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Cortney Sells

Business Listed By:
Cortney Sells

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