Highly Profitable Home Care Agency

Not Disclosed, PA Not Disclosed

Asking Price: $1,800,000

Annual Revenue: $1,780,000

Services: Senior Living & Care, Assisted Living

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RE: Highly Profitable Home Care Agency
Contact: Steve Ajmeri

Owner Financing is Available!

Owner Financing Terms$195,000.00 Owner Financing Interest6% Owner Financing Terms Months5

Quick Facts

	Asking Price:	$1,800,000
	Annual Revenue:	$1,780,000
	Net Profit:	Not Disclosed
	Cash Flow:	$480,000
	Total Debt:	Not Disclosed
	FF&E:	Not Disclosed
	Real Estate:	Not Disclosed
	Year Established:	Not Disclosed
	Employees:	65
	BBN Listing #:	399963878
	Broker Reference #:	4012022-958854

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Business Overview:

This high margin, home care franchise was established over 22 years ago and was one of the first in the area. With over 65 direct care professionals and fully trained office staff already in place, this will make for a very smooth transition to new ownership. This home care agency has a great reputation in the community for delivering personal care with compassionate caregivers. Majority of clients are private pay and long-term insurance. Low overhead and automated processes using technology generate high profit margins while maintaining the best online reviews. The home care industry has grown steadily as baby boomers continue to age and seniors prefer to stay in their homes. The growth in the home care industry is expected to continue well into the future, regardless of economic conditions. This is a great opportunity for someone already in the home care industry or someone new who wants to enter into a recession-proof business. A qualified buyer may be able to purchase this business with as little as 10% cash down and the remainder can be financed with SBA and seller financing. This business has been pre-approved by an SBA lender.
The agency was started over 22 years ago and was acquired by new ownership in 2017. The current owner wants to focus on his other business interests.
This is one of the largest homecare agencies in the area.
The growth in the home care industry is expected to increase as more baby boomers continue to age. Increased marketing activities and hiring activities will lead to continued growth.
Suite in Office Building location

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Reason for Selling:

other business interests

Additional Details:

The property is Leased.
The owner is willing to train/assist the new owner.
This is not homebased business opportunity.
This is a franchise resale opportunity

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