Asking Price: $465,000 Gross Revenue: $800,000Cash Flow: $185,000 (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.
With offices in Fallston, MD, this premier provider of in-home care, assisted living placement assistance, and skilled home health care operates within a nationally branded franchise network that was founded in 1996. Since then, the proven business model has been successfully replicated in more than 200 US markets. In 2016, the franchisor was acquired by a private equity firm that is aggressively investing in growth initiatives.
Launched in 2013, this young franchise has carved out a niche primarily in serving clients that qualify for Medicaid reimbursement for in-home care enabling the elderly to age in place with grace. Considered one of the “plum” markets, it is a solid, profitable senior care platform from which an aspiring Managing Owner could grow.
Ongoing client flow is enabled by referral providers as well and a powerful word of mouth apparatus fueled by satisfied families. The company also benefits from national advertising and ongoing support from its national franchise network.
About the Business
Number of Employees:
The Company operates from a fully equipped, centrally located office in Fallston, MD.
Senior Care alternatives to in-home care include group settings like nursing homes and skilled nursing facilities. Home care is the preferred option and often the lowest cost.
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. In addition, the $2.8 trillion healthcare industry is embracing home care to better manage costs and readmission rates.
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.