22 Yr Personal Care Services Co for Men and Women

Cincinnati, OH
Hamilton County

Asking Price: Annual Revenue:
$1,597,000 $1,650,000

Retail: Health, Beauty, Nutrition

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RE: 22 Yr Personal Care Services Co for Men and Women Broker: Dan Long

Quick Facts

Asking Price: $1,597,000
Annual Revenue: $1,650,000
Net Profit: Not Disclosed
Cash Flow: $623,000
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: 1996
Employees: 8
BBN Listing #: 223216072
Broker Reference #: 4519del

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Business Overview:

The retirement aged owner of this independent personal care service company is proud of the last 3 - year sales & profit results all exceeding $1,600,000 annually with 2017 & 2018 owner earnings over $600,000. The owner has built a wonderful reputation in Greater Cincinnati for a qualified buyer to step in and continue the efforts of the long tenured (over 75 years) staff that is in place. This company has the largest professional staff in the Greater Cincinnati / Northern Kentucky area, trained in all aspects of their specialty. A buyer could add revenue by increasing focus in specialty services with a dedicated sales effort. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan qualified
Price includes all equipment
Attractively furnished 3,600 square foot office
Clean books and records – all numbers are verifiable
Significant recurring revenue from existing customers
Uses industry software for database, scheduling, pricing, etc.
Real estate is available in addition to the business asking price
Existing employees represent over 75 years with this company

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Property Features and Assets:

The facility is a total of 3,600 square feet and is attractively furnished with many private spaces where the employees work.

Market Competition and Expansion:

To the owner’s knowledge, their company is the premier business in Greater Cincinnati in their industry and few, if any of their competitors, have the capabilities of their company.

Reason for Selling:

Seller is of retirement age.

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.

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