Asking Price: $470,000 Gross Revenue: $907,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This established home care business in Santa Clarita provides a comprehensive range of services to help facilitate comfortable and independent in-home living. Full in home personal and companion care services offered include: help with daily tasks such as light housework, meal preparation, errands, transportation, medicine reminders, meal planning, and Alzheimer’s care.
About the Business
Santa Clarita, California
Offering a continuum of care (beyond basic companionship) puts this brand at the forefront of the industry and give them an edge in the marketplace. They are the only brand endorsed by the Alzheimer’s Foundation of America, for their award-winning Program in Alzheimer’s & Dementia care. They are also the only home care brand with a Parkinson’s Care program.
Growth & Expansion:
Senior in-home care services is a high growth industry. A growing population of the world is made up of senior citizens in need of quality in-home care • In America, senior demographics will grow by 25% over the next 10 years • According to the World Health Organization (WHO), nearly a quarter of the world’s population (2 billion people) will be 60 years or older by 2050 and nearly 20% of them will be 85 years old • The United Nations has released a “World Population Aging” report which states that the rate of growth in people over the age of 80 is expected to be about 2% ever year. This means that the market for senior care businesses will continue expanding.
Established Home Care Business in Los Angeles County
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