Seller's Contact Information
- RE: In-Home Living Assistance Services For Seniors
- Contact: Bob Cahn
Quick Facts
Asking Price: | $22,950,000 | |
Annual Revenue: | $23,500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $3,905,418 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 500 | |
BBN Listing #: | 940021 | |
Broker Reference #: | OHG328280 |
Business Overview:
Based on current ownership having built an organizational culture where compassionate caregivers want to work, this nationally branded provider of in-home care personal care for older adults has among the highest market penetration rates in the nation. Fueled by its award-winning reputation for reliability, the Company is the region’s distinct provider of choice, receiving ongoing new client referrals from hospitals, social workers, home health agencies, hospice firms, the Veterans Administration (VA) current & former clients/employees and even its competitors.
The so called “Silver Tsunami of Demand” has arrived in 2024 as the largest US population segment, the 78M baby boomers, reach their average life expectancy. Demand for home care is driven primarily by those who outlive their life expectancy. Although they live longer, hospital stays are shorter with home care playing an essential role in reducing expensive hospital readmissions.
Current ownership seeks to pass the torch to a high fit CEO/Franchisee capable of taking the Company to the next level while preserving its compassionate care culture, a key competitive differentiator.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
A purpose driven, highly effective staff of marketers, care coordinators and administrators operate from several centrally located offices throughout Connecticut and Rhode Island.
Market Competition and Expansion:
Home Care providers and community living facilities all compete for “best in class” caregivers. The Company’s well-known Employer of Choice status, compassionate care culture and unique market penetration deliver a clear recruiting and retention advantage.
The rising tide of demand will not lift all boats- only those able to attract and retain compassionate, reliable, compatible caregivers.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
Here are some of the similar listings you can choose from
Licensed Home Care Agency Medicaid Philadelphia PA
Homecare License is of a great value as it takes over a year (sometimes a few years) and $$$ in legal documents preparation, staffing, space, accounting, Policies and Procedures Manual approvals. Agency had also undergone State Department of Health licensing process and was issued Medicaid provider number.
Durable Medical Equipment License with Medicare
Unique Brand New License with Medicare Number!VERY DIFFICULT AND LENGTHY TO OBTAINSave money and time: government licensing fees for attorneys and consultants, rent expense while waiting, unpredictable disapproval risk.We provide you with all necessary surety bond/ general liability policies, Policies and Procedures Manuals and administrative forms.We have 24 years of experience in facilitating healthcare startups licensing across US
6-Bed Small Type-B Assisted Living Home
Attractive home. Very nice grounds with large outdoor area. Formerly operated as a 6 Bed Small Type B Assisted Living Home. License available for new qualified operator. Located in Corpus Christi in a neighborhood setting. This is an asset sale including all appliances. Buyer to furnish home.