Award Winning Senior Home Care Company – Baltimore, MD

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Nationally Branded – Locally Owned
Asking Price:
$1,850,000

Gross Revenue:
$4,000,000
Cash Flow:
$500,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This trusted home care provider is widely recognized and awarded for its unique ability to place reliable and compatible caregivers with clients that need medical care, personal care or daily living assistance to remain safe and sound in the comfort of their homes. Whether for just a few hours a day or around the clock, the company’s services enable elderly clients to maintain their independence where they live.

The growing elderly population in and around Towson of more than 160,000 in this protected service area is steadfast in their conviction to age in place. Most will need help in doing so, preferring to hire trusted nationally branded providers with highly involved Managing Owners. This company is one such provider. The retiring founder seeks a high fit Managing Owner to acquire and run the company while preserving its hard-earned reputation for reliability that improves the quality of life for the families it serves.

Ongoing client flow is enabled by a loyal network of recurring referral providers within the medical, senior, legal and financial communities as well as by an exceptional on-line presence and a powerful word of mouth apparatus fueled by thousands of satisfied families. The company also benefits from national advertising and ongoing support from its national franchise network.

About the Business

Year Established:
2009
Number of Employees:
165
Facilities:
Ten office staffers operate from a fully equipped, centrally located office.
Market Outlook/
Competition:
Senior Care alternatives include private, self-employed caregivers and group settings like nursing homes and skilled nursing facilities. Home care is the preferred option and lowest cost. Trusted, nationally branded providers have a distinct awareness and reputational advantage.
Growth & Expansion:
The oldest of the 78M US baby boomers turn 72 this year. Most don’t need home care today but approximately 78% will in the future. This protected service area is home to more than 160,000 senior citizens making it among the highest and most concentrated elderly populations in the US. The average franchise territory in the US has 35,000 seniors.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Industry experience is not required. Comprehensive training and transition support will be provided by Seller and franchisor.

Listing Info

ID:
1490446
Ad Detail Views:
90

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$
months
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Business Listed by

Mike Uelk

Osborne HomeCare Group

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Sponsoring Broker:

Scott Osborne
Osborne HomeCare Group

U.S. Census Data for Anne Arundel, Baltimore and Baltimore city Counties, MD
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 Anne Arundel, Baltimore and Baltimore city Counties, MD
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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