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Senior Care Business - 30% Profit Margin!!!!

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Denver, Colorado (Denver Co.)   |  Personal Businesses for Sale – Other Personal Prod. and Services Businesses for Sale

Business Description

Buy this non-medical senior care business and make an incredible profit by assisting our countries growing aging population. The market for this industry is incredible, In 1994 approximately one in eight Americans was age 65 and older but by 2030 one in five Americans will be a senior citizen. The number of senior citizens is expected to grow by 80% in the near future. With these incredible demographics that this business serves, it is easy to see why the home health care industry will continue to boom for the foreseeable future.

This business is a perfect acquisition for another senior care business who wants to gain valuable market share or any entrepreneur who has a passion for making a profit by helping others. All of the ground work has been done for you with its existing customers, employees and Medicaid and Workers Comp billing systems.

This business currently has 20 revenue producing employees, 1 full time and 1 part time office manager. The company consistently bills between 350 and 400 hours per week at $17 to $25 per hour. It is compliant with all state and federal regulations required to accept government funded senior care.

About the Business

Year Established:
2009
Number of Employees:
22 - 23
Facilities:
This business is currently being operated out of a 700 s.f. office space. Very reasonable month to month lease of only $500. Buy this business and take over the month to month lease or relocate this business to your home or office.
Market Outlook/
Competition:
The potential for this business truly is unlimited. It is a non-franchised senior care business which can be grown as large as a new owner would like. There is moderate competition in the senior care business market but due to our country's growing aging population and a shortage of qualified care takers this business is primed for rapid growth with a new owner. This business does the majority of its business through Medicaid and Workers Comp which is a barrier to entry for other competitors who only take cash based payments.

About the Sale

Reason For Selling:
Seller would like to start another business
Training/Support:
Seller will provide support over a to be determined transition period.
Seller Financing:
Seller is open to financing terms

Listing Info

BizQuest Listing ID:
1082811
Ad Detail Views:
1133
Asking Price:
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Gross Revenue:
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Business Listed by
Matt Walles
Transworld Business Advisors - 100036561
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U.S. Census Data for Adams, Arapahoe, Denver and Jefferson Counties, CO
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Adams, Arapahoe, Denver and Jefferson Counties, CO
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms & Conditions.