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Home Care Specialists

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Home Care Specialists
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Oregon   |  Health and Medical Businesses for Sale – Other Health and Medical Businesses for Sale   |  Businesses for Sale Between $250k and $500k

Business Description

Home Care Giving: The business is the premier non-medical in-home care service provider serving Portland and greater Multnomah County. The business is dedicated to ensuring a better quality of life for senior clients and their families by providing dependable and affordable care in their own residences. The business was founded by the owner over 8 years ago. The business has grown and is well respected because of the high quality of services provided to the clientele. The business services include: Light House Keeping, Transportation, Appointment Escort, Meal Preparation, Pet Care Assistance, Shopping & Errands, Linen & Laundry Services, Medication Reminders, Grooming & Dressing Assistance, Bath & Shower Safety Standby, Ambulation & Transfer Assistance, Caring Companion, Respite Care Coverage, and Post-Surgical Recovery Assistance. The business is operated out of a 2,200 sq. professional office. The business is fully staffed and is a complete turnkey operation with all software, furniture, and equipment, included in the sale.

About the Business

Year Established:
2005
Number of Employees:
52
Facilities:
The business is operated in a 3200 square foot converted home with both on and off street parking. The building is two story wood framed and sided converted house with a composition roof. The building includes the following rooms: reception and consultation room, office, kitchen, bookkeeper’s office, bath room, basement storage rooms, and detached garage that are used as a storage room. The second floor is rented as an apartment and has a separate entrance. The building and land is owned by the seller and could be included in the sale. Current lease rate is $2,400 per month NNN. The interior, roof, and exterior of the building are well maintained.
Market Outlook/
Competition:
There are 25 competitors within the businesses service area. Most are mom and pop operations. The main franchised competitors are Visiting Angles and Home Instead. The business has major contracts and can expand with additional marking.
Growth & Expansion:
Fastest growth area would be to offer nursing services which would only require additional licensing and nursing personnel.
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About the Sale

Reason For Selling:
After over 21 years of practice, the owner has decided to semi-retire.
Training/Support:
It is assumed that all employees, except the owner, would want to continue with the business after purchase. Owner will help consult after sale to ease transition and would consider staying on in a part time marketing position.
Cash Flow Comments:
EBITDA: $98,000

Listing Info

ID:
1055607
Ad Detail Views:
4713
Asking Price:
$450,000

Gross Revenue:
$953,000
Cash Flow:
$166,000
EBITDA:
$98,000
Inventory:
 Not Disclosed

FF&E:
$40,000
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Ray Hanson

PragmaGroup, LLC.

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