Award Winning Senior Home Care Company – Maryland

Annapolis, MD
Anne Arundel County


Asking Price: Annual Revenue:
$4,225,000 $7,350,000

Services: Senior Living & Care, Assisted Living


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RE: Award Winning Senior Home Care Company – Maryland Broker: Steve Rayl

Quick Facts

Asking Price: $4,225,000
Annual Revenue: $7,350,000
Net Profit: Not Disclosed
Cash Flow: $891,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2008
Employees: 350
BBN Listing #: 260558523
Broker Reference #: OHG919280

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Business Overview:

This trusted home care provider is widely recognized for its unique ability to match reliable Home Health Aids and Nurses with clients that need medical care, personal care or daily living assistance to remain safe and sound in the comfort of their homes. The Company has among the highest employee retention rates in the country.

Most of the region’s growing elderly population is steadfast in their conviction to age in place. Most will need paid help to do so whether for just a few hours a day or around the clock.

The retiring founder of this rapidly growing company seeks a high fit Managing Owner to acquire and run the company while preserving its reputation and compassionate care culture. The company is exceptionally well positioned for ongoing growth amid increased demand from unprecedentedly high elderly population growth.

Ongoing client flow is enabled by a loyal network of recurring referral providers within the medical, senior, legal and financial communities as well as by an exceptional online presence and a powerful word of mouth apparatus fueled by thousands of satisfied clients.

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Property Features and Assets:

25 office staffers operate from fully equipped, centrally located offices throughout the region.

Market Competition and Expansion:

Competition/Market: Senior Care alternatives include private, self-employed caregivers and group settings like nursing homes and skilled nursing facilities. Home care is the preferred option and often the lowest cost alternative. Growth and Expansion: The oldest of the 78M US baby boomers turn 74 next year. Most don’t need home care today but an estimated 78% will in the future.

Reason for Selling:

Retirement

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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