Rapidly Growing Senior Home Care Business - Perfect Location

Montgomery County, PA

1.25 million in 2018 and Growing
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Asking Price: $750,000

Cash Flow: N/A

Gross Revenue: $1,250,000

EBITDA: $240,000

FF&E: $3,000

Inventory: N/A

Rent: $2 /Month

Established: N/A

Rapidly Growing Senior Home Care Business - Perfect Location

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Business Description

Strategically Located * Main Line Philadelphia * 100% Private Pay *

Great independent (non-franchise) / unique brand, operating in a high-demand location, with easy access to large caregiver base. Super high-quality & dedicated team of staff and caregivers, coupled with excellent marketing and sales strategy have resulted in business nearly tripling in size in 2018 - 1.25 Million! Run rate for next 12 months trending even higher! Business continues to grow month over month. Owner / Operator looking for a great buyer to build on amazing success over the last few years. The right buyer, who loves caring for the elderly and helping families in need, with the right background, surely will find fulfillment and financial freedom.

Detailed Information

Real Estate:
Leased
Building SF:
300
Lease Expiration:
11/30/2019
Employees:
50
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Office leased in perfect location for caregiver interviews, and staff meetings/work. Great main line Philly town with easy access to city and suburbs. Septa Bus and Regional Rail less than one block from office.
Competition:
Simply put, the elder population and need for home care far exceeds the supply of quality home care providers. Great support staff & top-notch caregivers have resulted in tremendous word of mouth expansion. Business reputation is so strong that referral partners are seeking us & adding to consistent flow of clients and our referral base. Private pay population accessible in all directions from office allows for above average rates. Frankly, competition and industry disruptors are not an issue.
Growth & Expansion:
Once in a lifetime opportunity for the right buyer. Non-franchise independent business (so no royalties or limitations on operations or other opportunities). Current home care owners - quickly add super quality team of staff, caregivers, and referral partners to your footprint. New owners - build on rapid success, and jump right in to accelerating growth and system.
Support & Training:
Current owner motivated and dedicated to making sure new owner delivers the same high quality care and commitment to the elderly population, and referral partners. There are multiple opportunities and paths to huge success in 2019 and beyond. We will help you with a committed and smooth transition for our current employees, clients, and most importantly - you!
Reason for Selling:
Personal
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Business Listed By:
Not Disclosed

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