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Non-Medical Homecare Agency Plus

IN

Caregiver Support
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Asking Price: $749,000

Cash Flow: $214,000

Gross Revenue: $1,500,000

EBITDA: $215,000

FF&E: $100,000

Inventory: N/A

Rent: $6,000 /Month

Established: 2006

Non-Medical Homecare Agency Plus

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Business Description

Established Business with Immediate Positive Cash Flow

Agency is on track to do $1.8m this year. Has had a positive cash flow for over a decade. This is a highly reputable & long-standing non-medical home care agency that also has an Activity Center for clients & area seniors PLUS added service lines that create multiple streams of revenue. This allows unending growth opportunities in one of the fastest-growing industries in the nation. In addition to providing a stronger foundation for business stability and positioning for growth, the company is well ahead of the curve with its innovative solutions needed for the coming "Baby Boomer Tsunami" & their changing expectations. Traditional home care agencies rely primarily on the ability to provide care in the home for seniors. This agency offers a variety of activities & other services providing a niche over the competition because it is viewed as a better value to the consumer and their Adult Children.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
6/1/2025
Employees:
65
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large Senior Activity Center. The Center includes two beautifully furnished Community Rooms, a fitness room for seniors and the administrative offices. Must see to appreciate.
Competition:
The Community Center hosts regular activities for clients & area seniors, area civic organizations and referral sources.
Growth & Expansion:
Currently, private pay & LTC as payors, other payor services; Medicaid, Medicaid Advantage, Veteran's Benefits, can be added. The Personal Service license extends the state. Other options, depending on the company would be to add Home Health &/or Adult Day Care and extend services into more counties..
Financing:
NDA &(OM) Offer Memorandum provided upon contact by broker
Support & Training:
If desired, willing to provide Transition Support for a new company to learn the day to day operations, policies, procedures, scheduling, software, introductions to staff, key clients, referrals sources, marketing, sales, activity planning, competitive analysis, introduction to the community and area colleges.
Reason for Selling:
Parents decline; relocating family
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Business Listed By:
Not Disclosed

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