In-Home Personal Care for Older Adults

Columbia, MD
Howard County

Howard County Maryland

Asking Price: Annual Revenue:
$4,780,000 $5,123,372

Services: Senior Living & Care, Assisted Living

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RE: In-Home Personal Care for Older Adults Broker: Bob Cahn

Quick Facts

Asking Price: $4,780,000
Annual Revenue: $5,123,372
Net Profit: Not Disclosed
Cash Flow: $1,051,891
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 180
BBN Listing #: 809858523
Broker Reference #: OHG126220

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Business Overview:

More than ever, families are hiring in-home, non-clinical caregivers to keep their elderly loved ones safe from infectious diseases while enabling them to age in place with dignity and grace. This nationally branded franchise provider of home-based personal care and clinical services is riding the wave of ever-expanding demand. Current ownership seeks an aspiring Managing Owner to purchase the company and keep it on the high growth track.

This accredited agency is comprised of an office team of ten staffers with 55 years of combined service with the company. They coordinate care and medical staffing among a field staff of more than 180 well-trained, directly employed, nurses, caregivers, and medical technicians. Revenue is generated primarily from self-pay clients in and around Laurel, Clarksville, Fulton, Ellicott City, Frederick, Westminster, Savage and Columbia that either pay out of pocket or with the help of long-term care insurance.

Ever expanding demand is being fueled by a) an aging baby boomer population, b) families opting for the safer alternative of one-on-one home care over group care facilities, and c) families investing in home care to protect their vulnerable loved ones.
The Company’s recognizable name coupled with its award-winning reputation and recurring referral network has it well positioned for ongoing growth.

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Property Features and Assets:

The high-performance office team coordinate care from a fully equipped, centrally located office in Columbia.

Market Competition and Expansion:

Senior living assistance solutions include in-home care and facility settings like residential care communities and assisted living facilities. In-Home Care is preferred by the vast majority. In less than ten years, all 83M US Baby Boomers will be age 65 or older. The industry refers to this as the “Silver Tsunami.”

Reason for Selling:

Retirement Planning

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 a franchise resale opportunity.

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