Two-Location Home Care Services Provider

NY

Two-Location Home Care Services Provider
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Asking Price: N/A

Cash Flow: N/A

Gross Revenue: $3,400,000

EBITDA: $510,000

FF&E: N/A

Inventory: N/A

Established: N/A

Two-Location Home Care Services Provider

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Business Description

The Company is a two-location home care services franchisee providing companionship, homemaker, personal care, and home health aide services to seniors (age 65+) and the disabled wherever they may reside. It also provides respite care to family caregivers, sitter services during a client’s stay in a hospital or rehab facility, and escort services for medical appointments.

Roughly 99% of the Company’s clients are private pay, which indicates that the client, and not Medicare or Medicaid, is in control of the services that they receive. The Company has developed a customer base of over 200 active clients located throughout its core geographic region. As a result of repeated exceptional service, the average customer relationship has existed for over three years.

The Company operates out of a 2,400-square foot building, and a 450-square foot branch office. Both offices are expected to provide ample capacity to accommodate substantial growth. Its staff totals 8 full-time and 110 part-time, non-union personnel.

Detailed Information

Competition:
* Recurring Revenue Stream: The Company’s 99% rate of repeat business ensures continuity of its operating cash flows. * Highly Profitable Niche Business: The Company’s historical average profit margin, as measured by EBITDA, of 10.6%, is higher than that of other companies in the industry of 7.1%. * Favorable Demographics: Demand for home health care will increase due to population aging in the US and nations around the globe. The US population 65 and older makes up 15% of residents and is expected to increase by 38% between 2015 and 2025. Because of medical advances, many of the medical conditions these people may suffer from will be better treated at home than in a hospital or nursing home.
Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Additional capital required to take company to the next level
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Ahmad Behjati

Business Listed By:
Ahmad Behjati

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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