New Castle County, DE Home Health Care Businesses For Sale

Home Health CareDelawareNew Castle

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Top Senior Care Brand*45% Return On Your Injected EquityProfitable In-Home Senior Care. Highly Sought After Business Model.
$670,000 Cash Flow: $223,372 Seller Financing
Top Senior Care Brand*45% Return On Your Injected EquityProfitable In-Home Senior Care. Highly Sought After Business Model.

Wilmington, DE

THIS IS AN ESTABLISHED, PROFITABLE...LENDER READY* TOP BRAND IN-HOME SENIOR CARE / MEDICAL STAFFING FRANCHISE. The company is a medical and non-medical home care provider assisting primarily seniors over the age 65 with assistance in the activities of daily living including both companion care and hands-on personal care services. This sale encompasses TWO profitable locations (in DE and PA) with massive geographical service territories. *Option to Purchase Property. The Property Is Not Included In The $670k Asking Price. • The seller spent $$$$ to have a Wall Street level firm accredited by the SBA and used by Wells Fargo, U.S. Bank, CIBC bank, Radius Bank and many others to have this business appraised (this was not a trivial appraisal). You will receive a full copy of the appraisal after a signed Letter of Intent has been executed. • Your expected return on injected equity (your down payment) is a MASSIVE 45% per year!* • This is for the business(s) only -- Not the building. Building is an additional $262,000 and is not included in these calculations. INVESTMENT CONSIDERATIONS: • Purchase price: $670,000 • Down payment: $167,500 (25%) • Debt service on $502,500 ( $670,000- $167,500=$502,500) at 6.7% over 10 years is apprx. $69,000 year. • 3.5 year Weighted earnings/ discretionary = $223,372 (from table 2 of the formal appraisal) • Earnings after debt service = $154,372 (223,372-69,000= 154,372) • Take out a $80,000 year salary which will still leave you with $74,372 ($154,372-$80,000=$74,372). • $74,372 / $167,500 = 45% return on your investment! Try getting that in the stock market year after year. • If you include the building into the deal your payment amortization will likely be over a longer period of time, but you’ll also need closer to $350,000 to put down on the whole project (building & business(s)) to make the financing work. Please note that the building is cash-flow positive as it sits now for the current owner, as there are long-term tenants renting some of the space. • Buyers must have at least $167,500 in liquid capital (not borrowed) to put down on the project for just the business purchase. • Buyers will need an additional $90k to $120k in (available) working capital which can probably be secured with the loan. • *Seller Willing To Carry A Note. *The business is Lender Ready: For buyers with good credit, good business background, collateral and verifiable funds. Other requirements may be required, but TBD. • *Important: Don’t take our word for it, you must have your accountant verify all of these calculations and see if they come to the same conclusion BEFORE you put any money at risk. We are confident when your accountant runs the numbers they will come to the same conclusion. Gross Revenue/Cash Flow weighted. ***** Non-Disclosure Agreement (NDA) is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place. *Gross Revenue and Cash Flow approximate and stated by seller. *All information, data, financials, valuations, appraisals, real estate values, etc. must be verified with the seller and buyers own professional advisors, CPA, etc. Buyers should always verify all information with the seller and their own independent advisors before putting any money at risk. No brokers or students please. Contact Us For the NDA For Details. We will provide the short NDA form to you via email. Check your junk/spam email folders.


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