Purpose, Passion & Profit – Home Care Provider, Hickory, NC

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Nationally Branded – Locally Owned
Asking Price:
$800,000

Gross Revenue:
$1,660,000
Cash Flow:
$184,000
(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

The current Managing Owner of this licensed personal care provider has built a valuable reputation for matching reliable and compatible caregivers with elderly clients that need daily living assistance to remain independent, safe and sound in the comfort of their homes. Service levels range from a few hours a day to around the clock.

Most of the growing elderly population within this exclusive service area intends to age in place. Many will need paid help to do so preferring to hire trusted nationally branded, locally owned providers. This company is one such provider. Current ownership seeks an accomplished, purpose driven Manager to purchase and run the company.

Ongoing client flow is enabled by a loyal network of recurring referral providers within the medical, senior, legal and financial communities as well as by an exceptional on-line presence and a powerful word of mouth apparatus fueled by thousands of satisfied families. The company also benefits from national advertising and ongoing support from its national franchised network.

About the Business

Year Established:
2006
Number of Employees:
55
Facilities:
Six office staffers operate from a fully equipped, centrally located office in Hickory.
Market Outlook/
Competition:
There is current a moratorium in North Carolina on any new home care licenses. This one is transferable. 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.
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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:
1580392
Ad Detail Views:
0

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$
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Business Listed by

Mike Uelk

Osborne HomeCare Group

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Sponsoring Broker:

Scott Osborne
Osborne HomeCare Group

U.S. Census Data for Catawba County, NC
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Catawba County, NC
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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