Under Contract-Established Home Health Care

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Asking Price:
$525,000

Gross Revenue:
$1,400,000
Cash Flow:
$170,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,500
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Established Home Care Business servicing the South Jersey market. The business is part of a leading franchise and has experienced rapid and dynamic growth in the last few years, they offer much needed services to the elder population, including personal care, companion care, Alzheimer's and Dementia care, This is a much needed service in the area they service with baby boomers needing these services by keeping health care costs down and retaining a better quality of life, the aging in home model will continue to grow and is a needed service. Call broker for more details.

About the Business

Location:
Cherry Hill, New Jersey
Year Established:
2010
Number of Employees:
45
Real Estate:
Leased
Building Sq. Ft.:
1,200
Rent:
$2,500.00 Per Month
Facilities:
Currently run from a home based office.
Market Outlook/
Competition:
There are a few companies offering these services, however the market demand currently exceeds the companies available to service the population. The South Jersey market has a high demographic population of retirees 65+ and continues to grow in this age segment.
Growth & Expansion:
The company can offer additional services and technology driven devices to complement the current services. There is a large and growing population that needs home care services. The current owner has grown the business in the last few years with minimum effort and currently only devotes about 10 hours a week in the business and is not aggressive in the marketing and sales of the services offered. The franchise offers multiple streams of income and recurring revenue models that include some of the latest technology offered to compliment the care services, the current owner has not marketed these additional services.
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About the Sale

Reason For Selling:
call broker
Training/Support:
Seller will offer a training and transition period. The franchise will offer ongoing support.

Listing Info

ID:
1338273
Ad Detail Views:
952

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Business Listed by

Penny Papaioannou

Atlantic Business Brokers

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