In-Home Senior Care Provider – Fallston, MD

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Locally Owned & Operated
Asking Price:
$465,000

Gross Revenue:
$800,000
Cash Flow:
$185,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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

Location:
Fallston, Maryland
Year Established:
2013
Number of Employees:
45
Franchise:
Yes
Facilities:
The Company operates from a fully equipped, centrally located office in Fallston, MD.
Market Outlook/
Competition:
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.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Industry experience is not required. Comprehensive training and transition support will be provided by Seller and franchisor.

Listing Info

ID:
1637782
Ad Detail Views:
0

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Business Listed by

Tom Belew

Belew and Assoc. LLC

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U.S. Census Data for Harford County, MD
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Harford County, MD
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Source: American Community Survey (2010-2014), United States Census Bureau.

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