Home Care-60% QUARTERLY Growth rate!
Seller Financing Available
Asking Price:   $1,000,000Inventory:   
Gross Revenue:   $1,700,000 (comments below)Real Estate:   n/a
Cash Flow:   $80,000 (comments below)FF&E:   $50,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: Recent quarter *4. Growing exponentially
Cash Flow Comments: Includes owner's pay, startup operation
This In-Home non-medical care company has grown from nothing to nearly $2,000,000 in annualized sales in only 18 months! They provide care from a few hous per week to around the clock as needed on a temporary or on-going basis. Most clients are elderly or course. Company provides assistance with companionship, meals, housekeeping, errands, bill and mail processing, medicaion reminders, escorting to events, dressing, pet cart, etc. this company began in early 2008, opened a 2nd location in early 2009 and a 3rd in mid 2009. They excell by way of referral contacts, lower costs and prices, and care that exceeds the competition. They guarnatee their customer service. this would be an excellent add-on to a medical care facility, hospital chain, assisted living chain, nursing home chain, etc. any medical care organization could use this business to maintain contact with their clients resutling in business referral to this company and referral back to the medical care facility when required. the methods and procedures developed and used to expand twice already in 2009 should allow rapid expansion to all metro centers and there are potential referral sources desirous of the expansions. This should become a $10,000,000 business in a couple of years with the right acquirer with some capital and contacts using the systems and with consulting expertise as required from the seller. Could be franchised. Potential buyers should expect to provide broker with evidence of financial ability and experience prior to identity being released.
About the Business
Year Established:2008
Employees:200 part time
Facilities:3 leased offices with rents of $700 to $1000 each. Price includes the office equipment and furnishings.
Market Outlook and Competition:Phenominal growth opportunity. With the baby boomer generation just entering the medical care stages, home health is going to explode through the next decade.
About the Sale
Management Training and Support:Owner will transition or stay on in consulting role.
Reason For Selling:Too much potential for owner to handle and capital to expand in the other identified markets is needed. He'll do better with a small piece and a partner capable of maximizing the potential.
Seller Financing:Seller open to any reasonable offer and will stay on to assist as necessary. Will consider staying on as minority interest with partner that can grow the business, or will finance most of the price.

KEYWORDS: in-home care, elderly, housesitting, personal service, health assistance, hospital, medical, nursing home, franchise.


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Business Listed By
David Kellenberger, CBB, CCIM  |  Kellenberger & Associates
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