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45% Return On Investment*Successful Senior Care*Lender Ready

Dayton, OH (Montgomery County)

45% Return On Investment*Successful Senior Care*Lender Ready
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Asking Price: $860,000

Cash Flow: $297,087

Gross Revenue: $1,608,937

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2009

45% Return On Investment*Successful Senior Care*Lender Ready

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Business Description

Prime Location Selling For ONLY 2.8x Cash Flow! *Appraised Price*

HIGHLY SOUGHT AFTER BUSINESS MODEL -- THIS IS A SUCCESSFUL TOP BRAND IN-HOME SENIOR CARE company***Lender Ready for qualified buyers. There are many active clients & accounts and great quality caregivers already in place. This is a solid business with continuous sales on an uptrend -- Projected 2019 sales apprx. $1,608,937 and seller's discretionary earnings (SDE) of $297,087*...That's 19% of sales into the owner's pocket!! The business provides in-home care to senior clients, primarily over the age of 65, assisting clients with activities of daily living including companion care and hands-on personal care services. The company has been in operation for more than ten years with well-seasoned, experienced managers and staff and excellent referral source relationships. The owner had a Wall Street level appraisal completed on the business which is the price that is stated in this listing. Wells Fargo, US Bank, Radius Bank, CIBIC Bank and about 10 other major banks use this valuation firm to do their own internal appraisals for their underwriter teams. The point is, this is a solid appraisal number. *The earnings in this ad are a weighted average set forth by the valuation firm.

***For bank financing, buyer is required to put down $235,000 as down payment.

Sales History: 2016 $1,776,488; 2017 $1,737,787; 2018 $1,496,229; *2019 Proj. $1,608,937

*Projected 45% return on your investment! (A good year in the stock market is 5 to 15%)...HERE’S THE BREAKDOWN:

• Investment considerations:
• Projected ROI of 45%!
• Total purchase price: $860,000
• Down payment: $235,000
• Current SDE (what you would earn in the business)(*Weighted SDE): $297,087*
• Amount financed: $625,000 ($860,000 - $235,000 = $625,000)
• Debt service per year: $90,205 (10 years at 7.8% apprx.)
• SDE less debt service: $206,882 ($297,087 – $90,205 = $206,882)
• Assume - New owner to pull $100,000 a year out of the business in wages
• Remaining cash flow after owner wages and paying debt service: $106,882 ($206,882 – 100,000= $106,882)

• Return on investment or your return on injected capital (down payment) year after year = 45%! ($106,882/235,000 = 45%) >>>Tough to get this in the stock market!

• This scenario does not include working capital nor does it take into account a possibly lower overall negotiated price.

• Important: do not take our word for it on the investment information, call and meet with your accountant and make sure he/she agrees with the outline above. Do not make any financial investment into this business where your money could be at risk until you agree with your financial advisors opinion and are comfortable with the presented numbers from the seller.

• *Projected 2019 Sales. *Weighted SDE.
***********
No Experience In The Medical Industry Is Needed. Extensive training and ongoing support provided by franchisor. Seller will provide training during transition also.

**************
Non-Disclosure Agreement (NDA) is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place.

*Gross Revenue and Cash Flow approximate and stated by seller. Sales 2019 projections; Cash Flow weighted average. All information, data, financials, valuations, appraisals, real estate values, etc. must be verified with the seller and buyer's own professional independent advisors, CPA, etc. Buyers should always verify all information with the seller and their own advisors before putting any money at risk. No brokers or students please.

CONTACT US TODAY For the NDA For Details. We will email the short 3-minute online NDA form shortly after we receive your request. Please be sure to check your spam/junk folders also.

Detailed Information

Location:
Dayton, OH
Facilities:
Well-maintained, equipped offices. Well-trained staff. Quality caregivers. Serves two huge territories encompassing: Kettering, Miamisburg, Centerville, Dayton, Xenia, Beavercreek, Fairborn, Cedarville, Yellow Springs, Bellbrook, Springfield, Springboro, Waynesville, Huber Heights, New Carlisle, West Carrollton
Competition:
The market for aging persons in need of home care and institutional clients is rapidly expanding. Already healthcare agencies are absolutely crucial to facilities lacking much needed staff. This trend will only continue considering the average age of the RN population. The average age of the RN population in March 2000 was estimated to be 45.2 years. In 2000, only 31.7% reported being under the age of 40. The most significant drop in numbers was seen among those RNs under the age of 35. In 1980, 40.5% of RNs were under the age of 35, compared to 18.3 percent in 2000. The RN population under 30 dropped from an estimated 25.1% in 1980 to only 9.1% in 2000 According to CNN, the baby boomers stand on the threshold of a big change. The oldest of them are nearing their 65th birthdays and their needs and wants are in flux. Their purchases will begin to revolve more around health care and housing than on rock and roll and athletic gear. **************************************************** Why is there a boom in the service area?--- Beyond elder care. An increasing number of the elderly couples and singles are living fulfilling lives on their own. As they age, however, they will require more and more services to help them deal with day-to-day living. Some of the most successful franchise businesses of the next few years will be ones that will provide cost-efficient services, both medical and non-medical, for the aging population of the United States. According to the U.S. census, between the years of 2000-2010, the population between the ages of 18-44 is decreasing 1%. The population between the ages of 45-54 is increasing 21%. However, the population of ages between 55-64 is increasing at 47%. People between the ages of 44-65 are the “New Customer Majority.” Their market is 45% larger than the 18-43 market and will be over 60% larger by 2010. According to David Wolfe and Robert Snyder in Ageless Marketing, “The New Customer Majority is the only adult market with realistic prospects for significant sales growth in dozens of product lines for thousands of companies.” **************************************************** The senior Care Environment--- Long-term Care Demand and Our Aging Population The market for long-term care is rapidly increasing which will increase the demand for our services in nursing homes, hospitals and private duty assignments. According to the U.S. Census Bureau, the elderly population (persons 65 years old and over) increased eleven-fold between 1900 and 1994; the non-elderly increased only threefold. Under the Census Bureau's middle series projections, the number of persons 65 years old and over would more than double by the middle of this century to 80 million (up from 33 million in 1994). By the year 2030, about 1 in 5 Americans will be elderly. The oldest old is the fastest growing segment of the elderly population. The oldest old (persons 85 years old and over) are a small but rapidly growing group, comprising just over 1% of the American population in 1994. From 1960 to 1994, this group increased 274% to 3.5 million, compared with an increase of 100% for persons 65 years old and over, and an increase of 45% for the total population. Overall, the oldest old were projected to be the fastest growing part of the elderly population as we entered this century and beyond. By 2020, the U.S. population over the age of 65 is projected to grow to 55 million while the population over the age of 85 is projected to increase by four times to over 13 million. As age increases, the need for long-term care also increases. **************************************************** Shortage of Nurses--- There is an acute shortage in the United States of registered nurses. A recent study published by the American Hospital Association states that the average age of a nurse is 45 years old and that less than 10% of all nurses are under the age of 30. This coupled with the dynamics of an aging population and increased government requirements for staffing at hospitals and nursing homes have created a substantial demand for our services. We believe that competition for qualified personnel will continue to increase and that our benefits and methods of "sharing the success" with our employees will make us an attractive employer in the marketplace and allow us to be the most attractive answer when individuals are looking for employment. **************************************************** Why Would Nurses Become Contract Workers Instead of Full-time Employees?--- Many nurses are switching from demanding shift positions in traditional settings to contract staffing. For a comparable salary and benefits, an employee has more flexibility and control over their schedule, vacations and holidays and less risk. Some nurses enjoy doing a variety of jobs in which they can use many of their skills and others prefer to use one specialty, contract work allows these options. **************************************************** Professional Licensure and Corporate Practice--- Nurses and other healthcare professionals employed by us are required to be individually licensed or certified under applicable state law and we will check with the state to ensure each license is valid and has no disciplinary action against it. Our comprehensive compliance program will be designed to ensure that all employees possess all necessary licenses and certifications and comply with all applicable state laws.
Growth & Expansion:
Implement aggressive marketing strategy. Build relationships in the community. Build strategic partnerships. Follow systems and marketing program created and honed by franchisor. Multiple revenue streams for diverse services. •Today, there are over 40 million adults age 65+ in the U.S., but this population is expected to reach 89 million over the next 40 years• People will continue to age and need the proper level of care despite what happens in today’s uncertain economy• Fabulous system growth #’s caring primarily for parents of the Baby Boomers. The first Baby Boomers just started turning 65 in 2011, and now 10K people per day turn 65 in the US• Health Care Reform is a positive to this business- This is the viable, lower cost, long term care option• Senior care ranks among the top five most profitable franchising sectors
Financing:
For bank financing, buyer is required to put down $235,000 as down payment.*
Support & Training:
YOU DO NOT NEED ANY EXPERIENCE IN THE MEDICAL INDUSTRY TO SUCCEED. Extensive training and ongoing support provided by franchisor/seller. You will be trained on all you need to know to be successful and build your business.
Reason for Selling:
Retiring from industry.
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Business Listed By:
Patrick Sherman

Blue Stone Business Group

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