In-Home Senior Care Provider – Hickory, North Carolina

Hickory, NC (Catawba County)

In-Home Senior Care Provider – Hickory, North Carolina
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Asking Price: Get Financing: $800,000

Cash Flow: $184,000

Gross Revenue: $1,660,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2006

In-Home Senior Care Provider – Hickory, North Carolina

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Business Description

Nationally Branded – Locally Owned

The current Managing Owner of this licensed personal care provider has built a valuable reputation for matching reliable and compatible caregivers with elderly clients that need daily living assistance to remain independent, safe and sound in the comfort of their homes. Service levels range from a few hours a day to around the clock.

Most of the growing elderly population within this exclusive service area intends to age in place. Many will need paid help to do so preferring to hire trusted nationally branded, locally owned providers. This company is one such provider. Current ownership seeks an accomplished, purpose driven Manager to purchase and run the company.

Ongoing client flow is enabled by a loyal network of recurring referral providers within the medical, senior, legal and financial communities as well as by an exceptional on-line presence and a powerful word of mouth apparatus fueled by thousands of satisfied families. The company also benefits from national advertising and ongoing support from its national franchised network.

Detailed Information

Employees:
55
Facilities:
Six office staffers operate from a fully equipped, centrally located office in Hickory.
Competition:
There is current a moratorium in North Carolina on any new home care licenses. This one is transferable. Senior Care alternatives to in-home care include group settings like nursing homes and skilled nursing facilities. Home care is the preferred option and lowest cost. Trusted, nationally branded providers have a distinct awareness and reputational advantage.
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.
Support & Training:
Industry experience is not required. Comprehensive training and transition support will be provided by Seller and franchisor.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Mike Uelk

Business Listed By:
Mike Uelk

Osborne HomeCare Group

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Sponsoring Broker:
Scott Osborne

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