Business For Sale
Revenue: $1,661,000 EBITDA: $241,000 Cash Flow: $154,000 FF&E: $88,000
Established: 2008 Employees: 33FT, 20PT
The Company is a full-service provider of non-medical personalized homecare, wellness services, and home maintenance. It also offers membership to a clubhouse facility for senior activities and events.
& Equipment (FF&E): $88,000
Facilities: It operates from a 6,000-square foot facility comprised of office space,
seniors’ clubhouse, fitness studio, bistro, and training classroom.
Competition: Superior Name and Reputation: The Company has a strong reputation for its
focus on superior service, knowledgeable and reliable personnel, and its
high-quality non-medical homecare solutions.
Strong Client Relationships: The Company has strong ties to patients due to
its industry expertise and excellent customer service. Specifically, it has
approximately 165 active clients; care takers are assigned to patients, and the
frequency of service ranges from once or twice a week to constant care.
Expansion: “Within 10 years, people’s homes could replace hospitals and other settings
as the primary location for health care in the United States”, according to
leaders from technology company Intel and a prominent provider
organization. They presented at an IBISWorld: Home Care Providers - 2018.
At a recent workshop convened by the Institute of Medicine (IOM) and
National Research Council (NRC):
"With the aging market. there is high interest in the proven home care model,
from insurance companies to private equity firms. Home Health, Hospitals,
Hospices, and Senior Living Retirement communities are jumping on board
as they see it is a way to take a fragmented industry to consolidate, leverage
returns, gain market share, and complement existing service lines. In a
country starving for solutions to the “silver tsunami”, home care will play a
major part in the coming years and decades. The biggest challenge facing the
home care industry is the need for workers to keep up with the growth of the
senior population and finding ways to be innovative to stand out from the
growing crowd of competitors."
Support & Training: Owner will consult and advise for 30 days
Reason for Selling: Retirement