Lender Ready Successful Jackson County Senior Care

Not Disclosed, MO
Jackson County


Asking Price: Annual Revenue:
$1,685,000 $2,194,929

Services: Senior Living & Care, Assisted Living


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RE: Lender Ready Successful Jackson County Senior Care Broker: Seller of Business

Quick Facts

Asking Price: $1,685,000
Annual Revenue: $2,194,929
Net Profit: Not Disclosed
Cash Flow: $480,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2005
Employees: 73
BBN Listing #: 369655583
Broker Reference #: sh.mo.summit

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Business Overview:

SOLID NON-MEDICAL SENIOR CARE BUSINESS WITH A VERY SEASONED STAFF. Company established in 2005 (Franchise resale). This is a Very well-oiled machine, however the seller lives over an hour from the location and the logistics are becoming a bit too much. Excellent growth potential if an owner was a bit closer and could focus more on the sales activities, but it’s been very profitable doing it the way he does it for years, so not super motivated to do much different. Super Covid resistant with very little impact in 2020. Contact us today - We'll email you the short online NDA.

The owner had a WALL STREET LEVEL APPRAISAL completed on the business. Wells Fargo, US Bank, Radius Bank, CIBIC Bank and about 10 other major banks use this valuation firm to do their own internal appraisals for their underwriter teams --The point is, this is a solid appraisal number.

POSSIBLE DEAL Structure Below….
• Projected ROI of 35%!
• Total purchase price: $1,685,000(Appraised Price)
• Down payment: $345,000 (20% x $1,685,000 = $345,000)
• Current SDE (cash flow of the business): $480,000 (2020)
• Amount financed: $1,340,000($1,685,000 - $345,000)
• Debt service per year (annual note payment): $182,585 (10 years at 6.0% apprx.)
• SDE less debt service: $297,415 ($480,000 – $182,585)
• Assume - New owner to pull $175,000 a year out of the business in wages.
• Remaining SDE (cash flow) after owner wages and paying annual debt service: $122,415 ($480,000 - $175,000 - $182,585 = $122,415). So even after paying your debt service and taking out $175k in a wage you should still have $122,415 to do with as you wish, pay down the debt early, take it out in additional wages, etc.!

• Return on investment or your return on injected capital (down payment) year after year = 35%! ($122,415/$345,000 = 35%) >>>Tough to get this in the stock market!

• This scenario does not include working capital.

• Important: Do not take our word for it on the investment information, call and meet with your accountant and make sure he/she agrees with the outline above. Do not make any financial investment into this business where your money could be at risk until you agree with your financial advisors opinion and are comfortable with the presented numbers from the seller.

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THE COMPANY... has many active clients and a huge roster of high-quality caregivers, as well as trained/seasoned staff and coordinator. The business has an incredible reputation in the community, providing in-home care to seniors, assisting them with activities of daily living, including companion care and hands-on personal care services.

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Sales History:
2017: $1,857,690
2018: $1,976,440
2019: $1,722,944
2020: $1,849,681
2021 (predicted):$2,194,929
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NO EXPERIENCE In The Medical Industry Is Needed. Extensive training and ongoing support provided by franchisor. Seller will provide training during transition also.

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Non-Disclosure Agreement (NDA) is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place*.

*Gross Revenue and Cash Flow stated by seller. 2020 Cash Flow; 2021 projected Gross Revenue. All information, data, financials, valuations, appraisals, inventory, FFE/Assets/Equipment, real estate values, etc. must be verified with the seller and buyer's own professional independent advisors, CPA, etc. Buyers should always verify all information with the seller and their own advisors before putting any money at risk. No brokers or students please.

CONTACT US TODAY For the NDA For Details. We will email the short 3-minute online NDA form shortly after we receive your request. Please be sure to check your spam/junk folders also.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Well-Established franchise. Modern, well-equipped, nicely decorated office space. Trained staff, coordinator, and many quality caregivers.

Market Competition and Expansion:

Franchise Business Review lists senior service businesses in the top six recession-proof industries. The senior care industry is growing and will continue to grow with the senior population expecting to grow by 25% over the next 10 years. More recently driven by concerns brought on by COVID-19 the industry has seen an increased interest in in-home services as seniors and their families question the safety of moving into a group living situation such as a senior apartment, assisted living or nursing home. Additionally, those in the hospital are choosing to be released home with non-medical in-home care services instead of being transferred into a rehabilitation facility due to safety concerns. More seniors are now opting to age in place and bring help in or move in with family and hire additional support services to come into their family home. This is in addition to an earlier survey conducted by AARP that stated that at that time (prior to COVID) 86% of seniors wanted to age in place. Families also move their loved one out of assisted living and into their own home, hiring additional assistance due to their concerns about the safety of their loved one living in a group setting. Changes in the payment reimbursement model in January of 2020 for hospitals and skilled nursing has also increased client flow. Facilities are no longer able to keep patients as long as they once were under Medicare guidelines which has led to an increase in the need for in-home care.

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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