Non-Medical In-Home Care Services - 25+ Year History Of Success!

Business Overview:

This independently owned and operated business providing personal, non-medical assistance services has been successfully operating in the Phoenix Metro Market for over 25 years. The Company has 70 care workers assisting clients with various activities of daily living such as personal care, homemaker tasks and more. The vast majority of the Company’s clients are eligible for government assistance programs and the Company receives reimbursements from Arizona agencies and managed care organizations under programs of the Arizona Health Care Cost Containment System (“AHCCCS”). Private pay clients are currently a small portion of the Company’s business but represent an attractive growth opportunity for a buyer.The in-home personal care services industry has experienced significant growth due to the aging population and an increasing preference for in-home care. In Arizona, the population of individuals aged 65 and over, an important market for the Company, is expected to rise to almost 3 million and account for 26% of the population by 2050. Maricopa County, where the Company operates, had the biggest population growth in the country according to recent Census Bureau data. With a pro-business regulatory environment and a personal income flat tax rate of 2.5%, Arizona is expected to continue to be one of the fastest growing states in the country.The Company’s long history and excellent reputation in the Phoenix Metro market has positioned it well for potential growth. Management believes it is one of the largest companies competing in an extremely fragmented market in Arizona, providing potential strategic acquirors with an opportunity to either quickly establish a significant presence in this growing market or to gain market share and efficiencies for companies with existing operations in Arizona. At this time, the State of Arizona does not require licensing for non-medical in-home care agencies, allowing a fast transition for experienced out-of-state operators looking to expand into Arizona.Potential buyers will be required to demonstrate relevant industry experience and sufficient managerial and financial resources to sign a Non-Disclosure Agreement and learn more about this opportunity.EBITDA shown is based on the average over the last three years.This is NOT a franchise.

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