Business For Sale

$3M Arizona Home Care Agency

Not Disclosed, AZ
Yavapai County


Asking Price: Annual Revenue:
Not Disclosed $2,902,012

Services: Senior Living & Care, Assisted Living


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RE: $3M Arizona Home Care Agency Broker: David Keene

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $2,902,012
Net Profit: $419,269
Cash Flow: $419,269
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1999
Employees: 48
BBN Listing #: 565954605
Broker Reference #: UMCC#141811

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Business Overview:

This Agency has been in operation for over 20 years and provides services to adults and the developmentally disabled Medicaid eligible population in the Yavapai County region of Arizona. They have nearly 40% of the market share in that region. Steady growth over the past several years with seller discretionary earnings of $420,000 and $2.9M in gross revenues. Excellent administrative and caregiver workforce is in place to allow for smooth transition. The agency participates in both the AHCCS LTC (United Healthcare Community Plan) and AHCCCS-AZ DES Division of Developmental Disabilities.

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Property Features and Assets:

• Office #1 -6,000 square feet @ $4,750.00 Mo (NNN plus 2.75% city rental tax), 5 years from August 1, 2018 to July 31, 2023. Option to renew with approval. • Office #2-3,124 square feet @ $3,124.00 Mo (Plus 3.0% City Transaction Tax), 5 Years from February 15, 2015 to February 28, 2020. Option to renew with potential changes in terms. • Group Home- 4 Bedroom 2 Bath home licensed for 2 clients (could be changed to 3 or 4 with application) $1,500 per month.

Market Competition and Expansion:

Typical for the industry. Agency controls roughly 40% of the Yavapai County Market.

Reason for Selling:

Retiring

Additional Details:

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

Documents:

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