Asking Price: $525,000 Gross Revenue: $1,400,000Cash Flow: $170,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,500 included in asking priceFF&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.
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
Cherry Hill, New Jersey
Number of Employees:
Building Sq. Ft.:
$2,500.00 Per Month
Currently run from a home based office.
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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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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