Asking Price: Not Disclosed Gross Revenue: $2,400,000Cash Flow: Not DisclosedEBITDA: $450,000Inventory: 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.
The Company offers fully licensed non-medical, in-home care services for seniors including a full range of in home companionship and personal care services. With the help of in-home care services, many seniors are able to remain independent and continue living in their own homes. The Company is comprised of multiple locations with each responsible for a specific area. The Company employs 30 full-time and 30 part-time employees, with the majority being caregivers serving current customers. The caregivers are required to complete extensive initial and on-going training to ensure they are equipped to provide compassionate and knowledgeable care. A customized in-home care plan is created for each customer. The Company operates from a 2,000 square foot headquarters leased from an unrelated third party at a fair market lease rate.
Highly Respected and Recognizable Brand: The Company’s recognizable brand and history of providing excellent customer service enabled the Company to achieve historical success.
Solid Financial Foundation: The Company’s revenue stream is somewhat annuitized as the majority of clients contract in-home services until the time of their passing. In addition to not requiring significant capital expenditures, the steady and predictable revenue enabled the Company to grow rapidly over recent years and achieve attractive earnings margins.
Continuity of Management Team: The owners are willing to remain engaged in the business post-transaction, if requested, to ensure seamless ownership transfer, transition established relationships, and assist in continued growth.
Multi-Location Non-Medical, In-Home Senior Care Services
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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
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