Private Duty Home Care business in NW Ohio

Perrysburg, OH (Wood County)

Private Duty Home Care business in NW Ohio
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Asking Price: $549,000

Cash Flow: $247,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $25,000

Inventory: N/A

Rent: $1,700 /Month

Established: 2002

Private Duty Home Care business in NW Ohio

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Business Description

There is tremendous opportunity to build on a successful office

This business provides non-medical, in-home care and related products. Backed by one of the leading franchise systems which offers national advertising and training, there are many opportunities to grow and expand this office. This office has grown by word-of-mouth and reputation for the past 17 years and has been growing steadily and is very profitable. A new owner could expand with targeted marketing and additional services. Office has a VA contract with a few VA clients, but the remainder of clients are Private Duty, which means little to no Accounts Receivable, and high profit margins. Many long-term, experienced caregivers, as well as an efficient staff coordinating the care. Technology eliminates paperwork and allows the management of the office from home or remote locations when desired.

This office has received awards for Top Workplace the past two years.

Detailed Information

Location:
Perrysburg, OH
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,760
Lease Expiration:
3/31/2022
Employees:
50
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful, 1760 sf office strategically located in Perrysburg, OH. The asking price includes $25,000 in office furniture, fixtures, inventory and other equipment that is required to run a profitable service-based business effectively. Lease runs through March 2022 with option to renew.
Competition:
The demand for in-home care continues to grow and will expand further as Medicare and Insurance programs encourage care at home for cost savings.
Growth & Expansion:
A new owner could add additional services such as Private Duty Nursing, or Medicare certification if desired. Demand for technology products/offerings will continue to grow and can be added to services. This is a business that will succeed even in a recession as the demand is continuing to increase. The franchisor has many strategic vendor relationships that will add value in upcoming years.
Financing:
This franchise is SBA approved for financing
Support & Training:
Current owner will assist with training and transition. Franchise offers extensive training and ongoing support to continue and expand upon current growth and success.
Reason for Selling:
Owner of 17 years is moving out of state for family reasons.
Franchise:
This business is an established franchise
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Business Listed By:
Tony Aiello

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