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Asking Price: $630,000

Home Health & Companion Care Non-Medical

Omaha, NE
Not disclosed

This company was established in 2015 with a very unique mission toprovide care and kindness to seniors in the community livingindependently in their own homes while also providing meaningfulemployment to other seniors in a caregiver position. The ownerestablished this business in 2015 and in the last few years has beenproviding basic oversight while working part time, 10-15 hours perweek. Unfortunately, the owner has been diagnosed with a seriousillness that she has been battling over the last 18 months and it isnow time for her to sell. There are two office managers who run theday-to-day operations, they are staying on board under newownership. There are also 30-35 Care givers who all are classifiedas part time and are W2 employees, there are no 1099 contractors.Several office functions such as payroll and bookkeeping areoutsourced. A new owner will only need to be there about 10 hours aweek. If a new owner wanted to grow, there is absolutely nomarketing or advertising and this could be something a new ownercould add. This business is producing a 35% margin and isannualizing $700,000 in revenue this year, the highest they haveever seen! Due to the owner’s illness, this business is being sold forunder fair market value at $630,000. There has already been a 3rd party bank appraisal and we have had 2 banks fully approve this with 10% cash down from the buyer. The most recent success story isthe addition of the VA contract that was awarded, which is one of thereasons they have seen year over year growth over the last 4 years.They are also covered under Medicaid and multiple long term careinsurance companies.To show her vested interest in the continued success of thebusiness, the owner has offered a 10% seller financing, plus will stayon up to 6 months or as long as her health will allow. Additionally,the franchise will provide support to the owner. If you would like toown this very meaningful company that provides a wide array ofservices such as companionship, transportation, meal preparation,and personal care, and make an impact on your community, you willneed 10% down which will return $100,558 in the first year after debt payments!

Cash Flow $241,257
Revenue $698,973
$ Owner Financing Available

Asking Price: $465,000

In-Home Senior Care Services - Managed Remotely

Not Disclosed, NE
Not disclosed

This in-home senior care business is selling at a 3.1 multiple with substantial growth opportunities! Serving Southeast Nebraska and Southwest Iowa, clients are mostly private pay and the majority of payments are through personal estates. Current hourly charge is $24-$30 with some clients needing 24/7 care, and they are poised to increase gross revenue in January 2021 with a price increase to $25-$35/ hour. The owner has worked out of his home for 10 years and a new owner can manage the business remotely. The protected territory of this franchise includes Southeast Nebraska and Southwest Iowa for a total of eight counties and the franchise agreement was recently renewed for another 10 years. Revenue is split 51% Nebraska counties and 49% Iowa counties; however, much of the region has been untapped, leaving plenty of room for growth within the current service area including Northwest Missouri.The company provides services like cooking, light housekeeping, shopping, personal grooming, doctor visits and other non-medical assistance including overnight care and 24/7 care. Their 28 peer caregivers - with a third of them having a 5 year tenure - are paid hourly and are assigned to clients within their driving radius. With no physical office space, they have little to no overhead and employees considered part time, do not receive health benefits. The company has 2 owners, but only one of them is involved in the day-to-day operations and oversees HR, services, financials, the office, marketing efforts, as well as client relations. The team also includes a part time scheduler who handles payroll, scheduling, and billing. Priced at $465,000, a 12.5% down payment of $58,125 returns $91,649 in the first year after debt payments – a 158% return on investment! Business is currently booming because most clients who would have gone into nursing homes or rehab facilities are now seeking in-home care. This company is having to turn down 2-5 potential clients on a weekly basis due to lack of caregiver capacity. There is a lot of potential to grow this business to $500K- $1M by hiring more caregivers and expanding services to cover the Missouri area.

Cash Flow $151,115
Revenue $487,303
$ Owner Financing Available

Asking Price: $300,000

Medicare Certified Home Care Agency CHHA-Philadelp

Philadelphia, PA
Philadelphia County

HOME HEALTH CARE AGENCIES function in all States and are not medical, but rather administrative in nature. Hence, owner need not be a physician/ professional. It is a program that targets the elderly and is reimbursed by MediCare and Medicaid. State actually saves money by not having to pay for the nursing home bed (much more money on the average). THERE IS REALLY NO EXTENSIVE MARKETING INVOLVED, AS YOU ONLY NEED A FEW HUNDRED PEOPLE FOR STEADY BASE ENROLLMENT. The participants TYPICALLY use the service 3 TIMES WEEKLY FOR MANY YEARS. As long as they remain part of society, the government saves on long term care options. Currently, more than 22,000 agencies provide home care services to over 8 million clients because of physical disabilities, long-term health conditions, dementia, or terminal illnesses. Spending for home health care has risen from $3.5 billion in 1990 to $36 billion in 1999. Homecare providers deliver a wide variety of health care and supportive services. These can range from professional nursing and home health aide services to physical, occupational, respiratory, and speech therapies. Providers may be for-profit, non-profit (VNAs), or hospital based. ALL ARE IN THE AREAS HEAVILY OCCUPIED BY THE ELDERLY USERS OF THIS SERVICE. Application to the Program may be made directly by the Medicaid recipient, a family representative, or caregiver, the applicants personal physician or other interested parties acting on their behalf. This translates into self referring seniors, versus only those directed by a physician (as with most medical / govt subsidized services). And since they are not paying for it, the service is easy to ''sell''. THIS IS RECESSION PROOF BUSINESS AND USER BASE! WE WILL ANSWER ALL YOUR QUESTIONS AND TRAIN YOU ADEQUATELY FOR YOU TO FEEL SECURE AND COMPETENT.

Cash Flow Not Disclosed
Revenue Not Disclosed
$ Owner Financing Available

Asking Price: $199,000

Home Health Care Management

Not Disclosed, CA
San diego County

California Licensed Non-Medical In-Home Care-Life Care Management company.This company was founded in 2009. Company has specialized in the total care oversight of frail older adults. Service offerings have included: Life Care Management, Non-medical Home Care Aides and Referral and placement.Care Management includes; assessment and care planning, on-going care coordination by touching the physical, mental, social and spiritual needs of clients. The life care manager serves as liaison and advocate between the client, family and healthcare providers.Non-Medical Home Care Aides: Offers both companion and personal care services in the client home. Services range from light housekeeping, errands, meal preparation to hands on assistance. Which includes activities of daily living such as grooming and hygiene to full end of life care. The care aides can service can range from 2-3 hours to 24 hour live in care.Referral and Placement: Referral fee paid by contracted retirement living facilities. This is a Free service to assist clients and families in securing suitable retirement living which is customized to their individual needs. Currently 13 clients are receiving inhome care. In addition, the company has 13 active field employees others available as needed. Owner works full time in the business and wants to explore other opportunities.Appropriate for home based operation (assuming a 3rd party office for occasional meetings) or fold into existing operation. This is not appropriate for individuals not already experienced in the business.Projected 2019 Revenue $700k, potential earnings $150k (assumes home based with owner - operator). Company restructured early 2019 so historic data, though available is no longer relevant. Asking Price is $199,000.

Cash Flow $150,000
Revenue $700,000
$ Owner Financing Available

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