In-Home Senior Health Care Service - SBA Pre-Qualified

Denver, CO (Denver County)

In Home Health Care
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Asking Price: $375,000

Cash Flow: $140,000

Gross Revenue: $765,000

EBITDA: N/A

FF&E: $1,200

Inventory: N/A

Rent: $880 /Month

Established: 2008

In-Home Senior Health Care Service - SBA Pre-Qualified

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Business Description

Unique Opportunity - Ever Growing Need - SBA Lending Pre-Qualified

This established in-home health care business is located in SE Denver and has been serving clients for the last 10+ years and has built an excellent reputation in the market. The company provides mostly non-medical in-home health care services to the senior community, although they do have a medical license as well and can also provide state classified medical in-home care. Some of the services include personal care, medication reminders, meal preparation, transportation, and general companionship for their clients. There are approx. 25 caregivers on staff as well as an office manager who handles all of the scheduling. The owner ‘s role is primarily sales to potential clients and their families and general oversight of the business.

This is a fantastic opportunity for a buyer who has a passion for helping people, especially the senior community and wants a six-figure income producing business. With the population of those 55 and older growing every year this is a great business that should continue to flourish for years. The opportunity has been pre-qualified for an SBA Loan with 10-15% cash down for a qualified buyer with good credit. All details will be provided with a signed Non-Disclosure Agreement & Buyer Qualification Profile.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
880
Lease Expiration:
N/A
Employees:
25 FTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
880 sq. ft. leased space
Competition:
The home health care industry is fairly fragmented without any major company maintaining a large market share. This business has been in the market for 10+ years and has built a great reputation with a good number of referral sources and repeat clients.
Growth & Expansion:
The seller has another non-competitive company that takes up about half their time. A new owner that increases the sales and marketing should be able to grow sales in this ever growing aging population industry
Financing:
SBA Lending Pre-Qualified
Support & Training:
Seller will negotiate a reasonable amount of training and transition included in the asking price and will be available for consulting after that training period.
Reason for Selling:
Seller wants to focus on their other company that occupies 1/2 their time now.
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Brian Mueller

Business Listed By:
Brian Mueller

Sunbelt Business Advisors - Denver

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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