Thriving Home Health Care Business

Hendersonville, NC (Henderson County)

Thriving Home Health Care Business
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Asking Price: $395,000

Cash Flow: $165,000

Gross Revenue: $782,000

EBITDA: $165,000

FF&E: $4,500

Inventory: $2,500

Rent: $1,500 /Month

Established: 2015

Thriving Home Health Care Business

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Business Description

HUGE DEMAND FOR THESE SERVICES. Non Medical Elderly Care Services.
Located in booming retirement community . This office serves growing Asheville NC and Hendersonville NC area.
Buy the Business and the building for $850,000.
Potential for absentee ownership as management is in place. Current management would stay on for new owner. Potential for huge growth. Beautiful area to live and work. Booming area -with retirees from all over the US moving to this area of NC, this fact increases demand for this business year after year.

This Franchise has 2 P/T RN's on staff. Now owner could offer more medical services.

This franchise serves 4 counties in Asheville NC area- Polk, Henderson, Transylvania and Buncombe.
This is a FRANCHISE. Tech fees are $600 /year Royalty fees are 6.5%
Home Trak is $185 per month-this simplifies billing and keeps track of caregivers.
These fess are worth the money - very helpful Franchisor.
Experienced management would stay on for an absentee ownership model.
This is a franchise - when business is sold there is a transfer fee of 3%
Huge Growth Potential

Top line Revenue

2014 $ 495,000
2015 $ 359,000
2016 $ 322,000
2017 $ 505,000
2018 $ 781,000

2106 to 2018 Revenue is up 242%

All employees are W2 employees

Detailed Information

Location:
Hendersonville, NC
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,700
Lease Expiration:
1/31/2024
Employees:
32
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful fully equipped office. Conveniently located near major local hospital. The office building is also for sale - Buy the Business with the building for $850,000. Current rental income from tenants to follow.
Competition:
THE NC BOARD IS NOT OFFERING MORE LICENSES FOR HOME HEALTH CARE BUSINESSES. Huge advantage to limit competition
Growth & Expansion:
Current owner has done very little advertising. New owner could do more advertising or social media or direct sales efforts to further boost top line sales. 2106 to 2018 Revenue is up 242%
Support & Training:
2 to 4 weeks of training included
Reason for Selling:
Health Reasons
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James McGeehan

Business Listed By:
James McGeehan

Ensure Capital

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