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Recession-proof healthcare business with strong SDE and ARR
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Accredited, Federally-backed funding for 30 years; easy income adds
80%+ repeat business for large ARR stream; MANY 5, 10, 15+ year clients
Full Mgmt and Admin staff; owner present ~10 hours week
Licensing held by entity and staff - NO LICENSE REQUIREMENT FOR NEW OWNER
Started by former IBMer with no healthcare background
RE owned -only 10k of 17k sf utlized... LOTS of room to grow or add $100k+ yr tenant
MANY growth opportunities - Retiring, 70 yo owner has been "winding down" for several years
NO marketing expenses - ALL clients sent by referral
Delivering comprehensive care services to individuals with intellectual and developmental disabilities with a wonderful 30 year reputation and trusted MCO relationships... THE 'Go-To' provider in the market.
80%+ repeat business for large ARR stream; MANY 5, 10, 15+ year clients
Full Mgmt and Admin staff; owner present ~10 hours week
Licensing held by entity and staff - NO LICENSE REQUIREMENT FOR NEW OWNER
Started by former IBMer with no healthcare background
RE owned -only 10k of 17k sf utlized... LOTS of room to grow or add $100k+ yr tenant
MANY growth opportunities - Retiring, 70 yo owner has been "winding down" for several years
NO marketing expenses - ALL clients sent by referral
Delivering comprehensive care services to individuals with intellectual and developmental disabilities with a wonderful 30 year reputation and trusted MCO relationships... THE 'Go-To' provider in the market.
About the Business
- Years in Operation
- 29
- Employees
- 12 Full-time
- Facilities & Assets
- Beautiful 17k sf HQ (currently utilizing 10k sf); four homes used for limited 24x7 care. All abundantly furnished and equipped.
Asking price is for business only. Owner prefers a transaction that includes a sale of the properties as well. Price TBD. - Market Outlook / Competition
- Growing industry with strong growth expected to continue in an under-served market. DEMAND IS HIGH.
- Opportunities for Growth
- Much opportunity for growth as nearly all clients would qualify for additional services currently provided by the business. Additionally, Marketing to new referral sources could be significant for growth. Current Marketing and budget is almost zero.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Full management and admin team in place to continue the business and to provide the new owner ongoing operational support and training. This will provide the new owner opportunity to observe and improve current processes and potential staff adjustments.
- Financing Options
- Some seller financing possible for Business + Real Estate transaction
Listing Info
- ID
- 2494047
- Listing Views
- 156
Listing ID: 2494047 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 of Use. Learn how to avoid scams.
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