Established Arkansas Senior Care Company

AR (Relocatable)

Seller Financing Available
Established Arkansas Senior Care Company
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Asking Price: $330,000

Cash Flow: $110,000

Gross Revenue: $1,030,000

EBITDA: N/A

FF&E: $13,365

Inventory: N/A

Rent: $1,500 /Month

Established: N/A

Established Arkansas Senior Care Company

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Business Description

> Company has a wonderful local reputation
> Company is a trusted resource for Arkansas Adult Protective Services
> All clients are private pay (i.e. not Medicare)
> Turnover rate is 54% which is less than half of the industry standard
> Company employs an RN who is the Director of Quality Assurance and supervises all LPNs and care in general
> SDE tripled from 2017 to 2018
> SDE on pace to grow an additional 40% in 2019
> Leadership has streamlined operations to help manage operational costs.
> Additional growth is easily available with the expansion into Oklahoma
> Marketing efforts would help expand the growth of the company.
> Potential Medicare changes would allow for larger client base.
> Current owner willing to stay during transition period while new owner learns.
> CBI TEAM Fort Smith-River Valley can help with financing through our Loans4Biz Program contact us today for more information.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
900
Lease Expiration:
N/A
Employees:
34
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Owner is willing to provide some financing to qualified buyers
Support & Training:
Owners are willing to provide a negotiable training period to ensure a smooth transition.
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Contact the Seller

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Mark Kincannon

Business Listed By:
Mark Kincannon

CBI+Team

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Sponsoring Broker:
Carl Grimes

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