Asking Price: $199,000 Gross Revenue: $760,000Cash Flow: $23,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare 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 operates within a nationally branded franchise network that differentiates itself through a higher standard of care achieved from accreditation. Service levels range from a few hours a day to around the clock.
The growing elderly population in and around Williamsburg of more than 53,000 in this protected franchise service area represents a vast, expanding market from which the new Managing Owner can further build the private pay business. Most seniors will need paid help to age at home safe and sound. Almost all are steadfast in their conviction to stay home.
The key growth enablers are multiple revenue streams from home care, medical staffing and national accounts amid ever-expanding demand for these services.
About the Business
Number of Employees:
Building Sq. Ft.:
Four office staffers operate from a fully equipped, centrally located office in Williamsburg
Senior Care alternatives include private, self-employed caregivers and 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. This protected service area is home to more than 75,000 senior citizens. The average franchise territory in the US has 35,000 seniors.
“Purpose, Passion & Profit” – Home Care Provider, Williamsburg, VA
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.