"private payer" Home Healthcare

New England

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Asking Price: Get Financing: N/A

Cash Flow: N/A

Gross Revenue: $8,000,000

EBITDA: $600,000

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2009

"private payer" Home Healthcare

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Business Description

The Company operates as a well-established franchised “private payer” private duty homecare service provider. The Company has the exclusive rights to operate as a brand-name franchise within three east coast locations with an estimated average population of over 15% of the resident being of the age of 65 and older. The bulk of the Company’s revenue has been driven by the senior market (Lifecare). The Company provides services on a 24/7 basis as necessary, with specific services including personal care, companion care, home support, and support for end-of-life care. In addition, the
Company is also has expanding its range of capabilities to Kidcare, Dementia Care and temporary staffing at medical facilities. The Company’s staff comprises 13 full-time and 3 part-time staff members including management, administrative, sales, customer service, and nursing staff, along with 250 care workers.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
14 fulltime
Facilities:
31oo sq. ft. staffing office
Competition:
The principals have developed a strong core business model and positioned for future growth. The Home Care Providers industry has been one of the fastest-growing healthcare industries in the US. Home care saves billions of dollars every year by allowing patients to avoid high-cost healthcare settings, such as hospitals. Over the five years to 2016, these factors have contributed to an annualized revenue growth rate of 4.3%. In 2016, revenue is expected to increase an annualized 6.0% to $88.5 billion.
Growth & Expansion:
The Company's growth and success have been driven by its outstanding reputation, longevity of operations in the regional market, and quality of care. The Company differentiates itself in the marketplace by having qualified personnel on its staff, specifically a Registered Nurse and a Licensed Practical Nurse. The Company benefits from the national advertising conducted by top brand name franchise. A designated website, provides information on the Company’s capabilities, service offerings, and contact information. The Company excels in each of these areas, and is well-positioned for continued growth and success
Support & Training:
yes, through transition period
Reason for Selling:
retirement
Franchise:
This business is an established franchise
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Lisa Lippe

Business Listed By:
Lisa Lippe

Generational Equity, LLC

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