Asking Price: $499,000 Gross Revenue: $1,735,000Cash Flow: $163,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $20,220 included in asking priceShare 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 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
Number of Employees:
4 FT, 65 PT
Building Sq. Ft.:
1,400 sq ft, 4 offices and a large area for trainings and meetings.
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.
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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