In-Home Senior Care Pioneer – Menlo Park, CA

Menlo Park, CA (San Mateo County)

In-Home Senior Care Pioneer – Menlo Park, CA
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Asking Price: $1,250,000

Cash Flow: $374,000

Gross Revenue: $1,860,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1990

In-Home Senior Care Pioneer – Menlo Park, CA

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Business Description

Locally Owned & Operated

As one of the home care industry’s pioneers, this provider has a widely recognized brand and powerful word of mouth apparatus among families and caregivers. It is built on its unique ability to match reliable and compatible caregivers with elderly clients that need personal care to remain safe and sound at home.

Whether for just a few hours a day or around the clock, the company’s living assistance services enable seniors to maintain their independence, dignity and quality of life. The company’s focus is on more acute cases, such that at $85,000 their average revenue per client is more than four times the national average.

It operates in a robust region comprised of a growing population of affluent seniors, most intending to age in place. Many will need paid help to do so.

This owner-operated provider is an ideal platform for investors seeking to enter the high growth home care industry and for those already in it to expand their footprint.

Detailed Information

Employees:
30
Facilities:
The Company operates from a fully equipped, centrally located office in Menlo Park, CA.
Competition:
Senior Care alternatives to in-home care include group settings like nursing homes and skilled nursing facilities. Home care is the preferred option and often the lowest cost.
Growth & Expansion:
The oldest of the 78M US baby boomers turn 72 this year. Most don’t need home care today but approximately 78% will in the future. In addition, the $2.8 trillion healthcare industry is embracing home care to better manage costs and readmission rates.
Support & Training:
Comprehensive training will be provided by the Seller through a transition services agreement.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Jenny Martin

Business Listed By:
Jenny Martin

Osborne HomeCare Group

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Sponsoring Broker:
Scott Osborne

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