Well Established Home Care Agency--Absentee Owner

Asking Price$1,275,000

Cash Flow

EBITDA$308,000

Gross Revenue$2,300,000

Inventory$1,000
Included in asking price
FF&E$20,000
Included in asking price
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Well Established Home Care Agency--Absentee Owner


Asking Price$1,275,000

Cash Flow

EBITDA$308,000

Gross Revenue$2,300,000

Inventory$1,000
Included in asking price
FF&E$20,000
Included in asking price

Seller Financing Available
Business Description
Very well-established home care agency. Absentee owner. A well experienced admin staff is in place to run the daily functions of the business. Turn-Key. Automated business.
This home care agency is a well-known franchise with a very large, protected territory covering the entire St. Louis County and Jefferson County. Territory is so large that currently the agency does not capitalize. The business has established itself by providing high-quality home care services to families within the aged and disabled demographic. Certified provider for both Medicaid and VA. Services private pay clients and accepts all long-term care insurance. The agency offers a variety of services such as personal care, housekeeping, nurse visits, assistance with medication, grooming, and personal hygiene. The current owner only spends about 5 hours per week working on the business and works 100% remotely. The SDE Cash Flow will increase significantly for an owner operator who would actually work in the business like the owners of most home care agencies.
About the Business
Years in Operation
11
Employees
75 (10 Full-time, 65 Part-time)
Franchise
This business is an established franchise
Facilities & Assets
Leased office space. Normal office furniture and equipment plus training materials. Includes 2014 Nissan company employee vehicle.
Market Outlook / Competition
Normal competition. Agency has a very large, protected territory so there should not be a shortage of clients. Provider is contracted with many vendors such as Medicaid and VA.
Opportunities for Growth
There is one specific program that the current owner would like to pursue but has not had the time to commit to it but it would open the door to an entire new clientele demographic that the agency does not currently service. A new owner could expand and offer home healthcare services, hospice services, the options are unlimited.
Real Estate
Owned or Leased
Leased
Rent
$2,085.00 per month
About the Sale
Seller Motivation
Owner has multiple businesses and has taken on too many businesses and needs to
Transition Support
Seller will provide any assistance needed during transition. Key employees in place who have all the knowledge as the current owner does not work in the business. Franchise will provide all training.
Financing Options
Seller will carry 10% note for assistance with SBA loan if needed
Listing Info
ID
2453168
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Listing ID: 2453168 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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