Homecare & Companion Agency
Location: Connecticut
Industry: Health and Medical > Other Health and Medical
Financials
Asking Price: $250,000
Gross Revenue: $611,411
Gross Revenue Comments: 2008 increasing
Cash Flow: $85,703
Cash Flow Comments: 2008 increasing
FF&E: $3,350 (Included in Asking Price)
Seller Financing: Seller may be willing to finance up to $50,000, depending on terms, to a well qualified buyer.
Business Summary
This Homecare and Companion Agency is one of the oldest and largest agencies in Northwest CT. The Company is a private pay homecare agency that services Litchfield County, CT, Dutchess County, NY, and may service Berkshire County, MA. The Company has an excellent reputation among providers, hospitals, physical therapists, nursing homes, assisted living providers, and customers. The Company was established over 25 years ago. The Company has consistent and reliable sales and earnings. 1st Quarter 2008 sales are up 28%, well above 10% growth target. 2nd Quarter online and traditional marketing efforts have resulted in new exclusive and profitable referral sources and clientele.
About the Business
Year Established: 1983
Employees: 1 full time - 2 part time
Facilities: Approximately 600 sq ft attractive leased office space.
Market Outlook and Competition: Homecare industry is at the beginning of a strong growth cycle. Aging boomer population, with strong desire to remain at home and independent makes industry outlook great. Business is in affluent area with a strong reputation and great growth opportunities.
About the Sale
Management Training and Support: Current owner is willing to stay for a reasonable transition period to ensure a successful and smooth ownership transfer.
Reason For Selling: Owner will retire and travel frequently to Florida to care for aging parents.

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Listing Tools
BizQuest ID:897303
Business Listed By
Name:Michael W. Camerota, JD, CBI
Company:I.C.E. Business
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