Asking Price: $225,000 Gross Revenue: $635,000Cash Flow: $40,000 (Seller's Discretionary Earnings) EBITDA: 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 home care provider is widely recognized for its unique ability to match reliable and compatible caregivers with elderly clients that need personal care 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 seniors to maintain their independence while aging in place with dignity and grace.
Most of the growing elderly population of seniors within this exclusive franchise service area intends to remain at home. Many will require paid help to do so. Families prefer to hire trusted nationally branded providers with highly involved Managing Owners. This company is one such provider. The current Managing Owner seeks an accomplished, purpose driven, compassionate Manager to purchase and run the company while preserving its hard-earned reputation and relationships.
Ongoing client flow is enabled by a loyal network of recurring referral providers that includes but is not limited to assisted/independent living facilities and relationships within the medical community. In addition, this office operates within a nationally branded franchise network enabling an exceptional on-line presence and a powerful word of mouth apparatus fueled by hundreds of satisfied families in and around Norfolk. The company also benefits from national advertising and ongoing support from the franchisor.
About the Business
Number of Employees:
Operates from a fully equipped, centrally located office.
Senior Care alternatives to in-home care include 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.
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
full Terms & Conditions.