In-Home, Non-Medical Senior Care

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Asking Price:
$499,000

Gross Revenue:
$1,735,000
Cash Flow:
$163,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
$20,220
included in asking price

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Business Description

This company has an outstanding seven-year history providing non-medical home care services to people of all ages, with the majority of its customers seniors. Services include companionship, homemaking and personal care. They concentrate on two demographically ideal territories including South Denver and Douglas County. The company employs caregivers that include some CNA’s and they accept Private Pay and Long-Term Care insurance.

Since 2012, the company has experienced year-over-year revenue and cash flow growth and has clean books to back up the numbers. This is a true turn-key operation with experienced staff, established policies and procedures, a marketing plan that consistently generates leads and a management team!

According to U.S. GAO office, there are currently 36 million baby boomers and over the next few decades the numbers are projected to be 70 million plus baby boomers. As of now 12 millions Americans require some type of non medical and medical home health care services and as many as 6 out of every 10 Americans have family members or friends that are needing the assistance of non medical and medical homecare. According to AARP, 8 our 10 Americans prefers homecare services versus going to a long term convalescent home.

If you are ready to take advantage of this skyrocketing market in an enjoyable and rewarding industry, this opportunity is worth a serious look!

About the Business

Location:
Centennial, Colorado
Year Established:
2012
Number of Employees:
4 FT, 65 PT
Real Estate:
Leased
Building Sq. Ft.:
1,400
Facilities:
1,400 sq ft, 4 offices and a large area for trainings and meetings.
Market Outlook/
Competition:
This provider has pricing in line with the competition combined with several very strong sustainable competitive advantages. Inquire for more details.
Growth & Expansion:
Increase average revenue per client, maximize number of clients that can be serviced with existing staff, continue expanding to care for all ages.
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About the Sale

Reason For Selling:
Running multiple companies.
Training/Support:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Seller Financing:
The Seller will entertain offers of varying financial and legal structures.

Listing Info

ID:
1605611
Ad Detail Views:
0

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Business Listed by

Greg Wills

Touchstone Business Advisors

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Sponsoring Broker:

Charles Spickert, CBI
Touchstone Business Advisors
License# 40043825

U.S. Census Data for Arapahoe 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 Arapahoe 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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