Thriving In-Home Care Business In MD - 637832 CD

Business Overview:

1. Business Overview: This at-home care company, located in Salisbury is a leading provider of affordable in-home care services. The mission is to offer a cost-effective alternative to traditional assisted living facilities and nursing homes, allowing clients to maintain autonomy and independence in the comfort of their homes. 2. Financial Overview: Seller’s Discretionary Earnings (SDE): $106,000.00 Total Sales Price: $179,000 Down Payment: $80,000.00 Seller Note: $99,000.00 3. Services Offered: In-home care services, including personal care, light housekeeping, medication reminders, meal preparation, and cleaning services. 4. Competitive Advantage: Affordable alternative to assisted living and nursing homes. Focus on maintaining clients' autonomy and independence. Professional caregivers selected for their expertise and commitment to client well-being. Referral services available for clients residing in facilities. Robust caregiver vetting process to ensure high-quality service. Efficient operations to streamline caregiver-client pairing. Continuous staff training and development. 5. Growth Opportunities: Expansion of services to new geographic areas. Diversification of service offerings to meet evolving client needs. Collaborations with healthcare providers and facilities for extended reach. 6. Risks and Mitigation: Market competition and regulatory changes: Stay abreast of industry trends and regulations to adapt strategies accordingly.

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Property Features and Assets:

In 1982, the wife of a Presbyterian minister, started a Home Care with goals in mind: to keep the cost of home care service affordable for the average family, and to attract the most experienced caregivers available with a heart to serve and care. Today, this company continues to deliver on our mission by referring only the best self-employed professional caregivers at very affordable rates. We have offices in every state and helped thousands of families in 40+ years.

Market Competition and Expansion:

Aging Population: As the global population ages, there is an increasing demand for home care services. Older adults often prefer to age in place, and home care allows them to receive assistance while maintaining independence in their own homes. Preferential Shift to Home-Based Care: Many individuals and families prefer home care over institutionalized care settings like nursing homes or assisted living facilities. Home care offers a more personalized and comfortable alternative. Advancements in Technology: Technological advancements, such as telehealth and remote monitoring, are enhancing the capabilities of home care services. This can lead to improved healthcare outcomes and increased acceptance of home-based care. Cost-Efficiency: Home care is often more cost-effective than institutional care. As healthcare systems globally face financial pressures, there is a growing emphasis on finding affordable care solutions, and home care fits this requirement. Changing Healthcare Policies: Evolving healthcare policies, especially those supporting aging in place and community-based.

Reason for Selling:

retirement

Additional Details:

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