22 Year Personal Care Services Company for Men & Women

Cincinnati, OH (Hamilton County)

22 Year Personal Care Services Company for Men & Women
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Asking Price: $1,597,000

Cash Flow: $623,000

Gross Revenue: $1,650,000

EBITDA: $623,000

FF&E: $5,000

Inventory: N/A

Rent: $5,200 /Month

Established: 1996

22 Year Personal Care Services Company for Men & Women

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Business Description

Excellent Long-Term Employees

The retirement aged owner of this independent personal care service company is proud of the last 3 - year sales & profit results all exceeding $1,600,000 annually with 2017 & 2018 owner earnings over $600,000. The owner has built a wonderful reputation in Greater Cincinnati for a qualified buyer to step in and continue the efforts of the long tenured (over 75 years) staff that is in place. This company has the largest professional staff in the Greater Cincinnati / Northern Kentucky area, trained in all aspects of their specialty. A buyer could add revenue by increasing focus in specialty services with a dedicated sales effort. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan qualified
Price includes all equipment
Attractively furnished 3,600 square foot office
Clean books and records – all numbers are verifiable
Significant recurring revenue from existing customers
Uses industry software for database, scheduling, pricing, etc.
Real estate is available in addition to the business asking price
Existing employees represent over 75 years with this company

Detailed Information

Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facility is a total of 3,600 square feet and is attractively furnished with many private spaces where the employees work.
Competition:
To the owner’s knowledge, their company is the premier business in Greater Cincinnati in their industry and few, if any of their competitors, have the capabilities of their company.
Growth & Expansion:
Current owner feels that growing the business could be attained through expanding current services and branching out into other areas of their industry formulating programs to achieve considerable sales growth.
Support & Training:
The owner will train in all aspects of the business and will be available to ensure a smooth transition.
Reason for Selling:
The owner is of retirement age and would like to fully engage in retirement livi
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Dan Long

Business Listed By:
Dan Long

Cincinnati Business Brokers

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