In-Home Senior Care Provider – Kennewick, WA

Kennewick, WA
Benton County

Kennewick, Benton County

Asking Price: Annual Revenue:
$3,175,000 $3,902,000

Services: Senior Living & Care, Assisted Living

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RE: In-Home Senior Care Provider – Kennewick, WA Broker: Steve Rayl

Quick Facts

Asking Price: $3,175,000
Annual Revenue: $3,902,000
Net Profit: Not Disclosed
Cash Flow: $783,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 170
BBN Listing #: 656658523
Broker Reference #: OHG121110

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Business Overview:

In-home personalized care for seniors is among the most resilient industries in the US. Despite the pandemic and associated economic contraction, this senior home care provider thrived and continues to do so.

With a workforce of more than 100 caregivers, the company coordinates non-clinical, compassionate care around client’s activities of daily living. Clients include the elderly and veterans. Approximately 85% of revenue is generated from self-pay clients either out of pocket or from a long-term care insurance policy.

The company culture is centered around Purpose, Passion and Profit. The purpose is for clients to age in place with grace. The passion is an office team and caregiver workforce that loves what they do. The profit is an unapologetic pursuit of high margins that enable top notch care. The company is a premium provider and exceptionally profitable.

Current ownership is career downsizing and seeks an aspiring Managing Owner to acquire and operate the company, preserving its unique legacy and keeping it on the growth track.

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Property Features and Assets:

A high performance team of 8 office staffers coordinate care from a fully equipped, centrally located 2,700 square feet office.

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 especially post Covid. By 2030, all 79M US Baby Boomers will be age 65 or older.

Reason for Selling:

Career Downsizing.

Additional Details:

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

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