Eastern Tennessee Non-Medical In-Home Care
Washington County, TN
List Price: $833,000
Owner Profit/Cash Flow
2 Year Avg. (2014-15): $225,382
Sales Trends: Consistent Sales of $1,000,000
Profit Margin: 24%
Multiple: 3.7 *Multiples range from 1-5, with the average being 3
Valuation: 2 Year Cash Flow x Multiple = Price
$225,382 x 3.7 = $833,913
This business provides seniors with homemaking, personal, and daily living tasks. Located in Eastern Tennessee, this in-home care provider has 65 employees that work to provide services to seniors wishing to stay in their homes. A General Manager, Schedule Coordinator, and Office Assistants make up the daily office staff, while a Licensed Practical Nurse and 60 Caregivers work with clients on a daily basis. The owner is responsible for payroll and billing, as well as maintaining compliance with contracts and dealing with client concerns.
Over half of the services provided is Attendant Care which provides assistance with daily activities for bathing, personal care, meal preparation, and general housekeeping to seniors. The remaining services are less time intensive as the clients are more independent and require less assistance.
Being located in Eastern Tennessee gives a terrific client base for this business. The service area includes Washington, Carter, Green, Sullivan, and Unicoi Counties which includes the Tri-City area.
With near or over $1,000,000 in sales each of the last three years this business is a solid investment. A 24% profit margin yields an average profit of $225,382 for the owner over the last two years.
In the first year of ownership, a buyer can expect to receive a Net Operating Income (Profit) of $92,779 after paying all debt services.
Assets Included in Purchase: $25,000
Equipment and Inventory: 5 Desks, Office Chairs, 3 Dell Computers, 2 Net Book Laptops, Galaxy Tablet, Cisco Router, Phones, Scrubs and other Medical Supplies, Office Equipment
Intangible Assets: Growing Client List, A+ Rating with the BBB
*amounts may vary
Year Established: 2008
Location: Eastern Tennessee
Service Area: Washington, Carter, Green, Sullivan, and Unicoi Counties including the Tri-Cities
Service Breakdown: Homemaking: 20%; Respite Care: 5%; Personal Care: 20%; Attendant Care: 55%
Lease: 2,660 sq. ft. @ $1,050/Month
Reason for Selling: Health Concerns, 90 Day Training Period
Employees: General Manager: Oversee Daily Operations; Schedule Coordinator: Schedule Caregivers with Clients; Licensed Practical Nurse: Visit Home of Clients every 30 Days, Oversee Quality of Care;
Office Assistants: Answer Phone Calls, Client Paperwork;
Caregivers: 40 PT, 20 FT, Provide Homemaking, Personal,
Daily Living, and Temporary Caregiving
Growth Opportunities: Establish Relations with Insurance Companies to Secure Additional Clients
Current Owner’s Responsibilities: Payroll, Billing, Attend Insurance Meetings, Keeping Contracts in Compliance, Dealing with Staff and Client Concerns
Purchase Price: $833,000
10% Buyer Down Payment: $83,300
10% Seller Financing: $83,300
80% Bank Loan: $666,400
After all debt services are paid, a buyer can expect a Net Operating Income (Profit) of $92,779 in the first year.
Companion Care Franchise
This franchise. is part of one of the largest, fastest growing, and most successful, in-home companion care franchises in the world. With over 270 franchisees,the firm provides multiple care giving functions for the exploding senior market.
Services provided include: Communication with Health Care Providers, Companionship, Homemaking, Hygiene, Wellness, Regular Visits, Medication Reminders, Meal Preparation, Transportation and more.
Special Care clients include: Alzheimer’s & Dementia, Arthritis & Osteoarthritis, Stroke & Hypertension, Diabetes, Heart Disease, Temporarily Disabled, Cancer recovery, Mental Health, Hospice, Brain Injury, Paraplegics/Quadriplegics, Physical Limitations and Non-Senior Care.
Optometry Practice in Shelby County, TN for Sale
Shelby County, TN
Asking Price $ 210,000
$24,000 Inventory Included with Sale
Practice Background: Recently established in 2015 and located in a suburban, business district, this optometry practice is the perfect start-up or satellite office opportunity. This beautiful, upscale office has 12 foot ceilings, French doors, and everything is new. The practice is located in Shelby County boasting miles of beautiful outdoors, museums and some of the best cultural arts around.
Premise Information: Inside this 1,200 sq. ft. paperless practice you will find 1 Exam Lane, 1 lab, 1 Data Collection Room, 1 Dispensary, 1 Receptionist Area, and 1 Waiting Room that seats 3. The practice also has a 8x14 ft room that can be used as a second exam lane, business office, VT or as desired. All equipment is new and in excellent condition. Ideally located near a main road, it features excellent visibility and ample parking for patients. The office is setup to accommodate patients comfortably with potential for growth in the future. Seller will be available for post-transition consultation.
More Potential: Continue to market to new residents in the city and neighboring cities, and branch out on social media. Move towards unique pieces of inventory that cannot be purchased in big boxes.
100% Financing Available. Call ProMed Financial For More Information! 888-277-6633 or Email firstname.lastname@example.org (REF# OD210). www.promed-financial.com
Med Spa in Williamson County
Med Spa in Williamson County. 49% partnership for $300,000 or $499,000 for 100%. Services: HRT, Medical Weight Loss, Vitamins & Supplements, B-12 Injections, T-shots, P & O Shots, Lipo Detox, Laser services ($400k piece of equipment), etc, etc. Debt free business. Upscale build out, almost new. Manager and Doctor in place and willing to stay. Call Keyunta 806-438-2613 / email: email@example.com
Established Title Boxing Gym/Fitness Franchise and Territory
#1 Title Boxing location nationally for new membership sales during Q1 2016, July 2016, and on track to remain #1 in August 2016.
This established Title Boxing franchise was founded in 2013 and has since achieved phenomenal growth. It generated cash flow of over $100,000 with an out of state, absentee owner during its second full year in business. Strong, continued growth is expected that could be accelerated with advertising. The location and build out are immaculate, and all major equipment has been recently replaced.
Title Boxing won the #1 spot on Inc.'s list of Fastest Growing Franchises. Its initial location opened in 2007, and the company began franchising in 2009. Title is a fitness gym, not a fighting gym. Individual locations offer high-energy group boxing and kickboxing classes designed to help participants burn up to 1,000 calories, as well as one-on-one personal training and retail equipment sales.
This recurring revenue business is incredibly easy to run. An excellent staff with management is in place, is aware of the sale, and plans to stay on after closing. This location has established a reputation where the best trainers in the area want to work.
This sale includes the gym and the Clarksville, TN territory - providing further expansion opportunities without direct competition. Everything is in place for a new owner to take over, enjoy the current cash flow, and grow.
The owner currently runs this business from Alabama and is selling due to a pending relocation further away to Texas.
Optometry Practice For Sale in Washington County, TN
Washington County, TN
Gross Income 2013 $196,136
Established for 35 years in a large metropolitan area in N.E. Tennessee, this private Optometry practice is conveniently located on a corner lot in a medical corridor. It is also directly across from a retirement center and is nearby to 2 universities. It features 1,600 sq. ft. of office space plus 150 sq. ft. for the lab. Inside the practice you will find 2 exam lanes (1 fully-equipped), a receptionist area, waiting room (seats 15), doctor office, consultation room, staff lounge, business office, laboratory, resurfacing area, testing room, edging, contact lens room, storage area and 2 restrooms. The practice utilizes modern equipment and also has a new retina camera. Over recent years, the Seller has decreased operating hours preparing for retirement, but is offering a transition period of 1-2 years (with compensation) to assist a new owner in a smooth transition. The 6,400 sq. ft. building is available for sale and is currently 75% occupied.
100% Financing Available. Call ProMed Financial for more information! 888-277-6633 or Email firstname.lastname@example.org. (Ref# OD322) www.promed-financial.com
Family Medical Practice for Sale!
Shelby County, TN
Family Medical Practice for Sale! Memphis Metro Area!
Full service Family Practice specializing in chronic health problems including hypertension, diabetes, high cholesterol, and asthma. They are also available for your acute illnesses and injuries such as sinus infections, cold, flu, urinary tract infections, ankle sprains, broken bones, etc.
Private Duty Franchise in TN
Private Duty Home Care Agency for sale. The franchise business is part of a top ranked and highly successful national franchise brand, with solid, well established local and national referral sources. The business does not require prior home care/medical experience.
The business operates in one of the most demographically attractive senior care markets in the country. The service market includes a number of large hospitals, senior centers, assisted living communities, independent living communities, nursing homes, memory care and skilled nursing facilities. The Business draws referrals from local relationships with major hospitals and other health care/senior care facilities. It has a strong internet presence and technical resources (including state of the art software applications), as well as a strong staff of trained Caregivers and health Advisors.
The majority of revenues come from private pay, Veterans benefits, and Workman’s Claim Insurance benefits. Potential growth opportunities exist in a number of areas at the discretion of new owner. The business provides both long and short term care to their clients, from 4 hours up to 24 hours daily.
The franchisor provides exceptional training and assistance.