CINCINNATI, Ohio
| Asking Price |
$1,070,000 |
Year Established |
2017 |
|
| Annual Revenue |
$678,000 |
Reason for Selling |
Another opportunity |
|
| Annual P/L |
$0 |
Attention |
Dan Long |
|
| Annual Cash Flow |
$315,000 |
Listing Number |
1004819 |
|
| # of Employees |
3 |
Business Category |
Services: Senior Living & Care, Assisted Living |
|
Business Overview:
This well – established company is in an industry with increased demand for their services and provides a steady stream of clients. As one can see from the numbers provided, the business has a cash flow close to 50% of sales which is verifiable with corporate tax returns.
With the ability to operate the business from a home office with 8 – 5 hours and no weekends along with very low overhead, this is simply a wonderful business to own and operate. In addition, it is a “feel good” business with you as the owner, making your clients and their families feel good about your company’s ability to provide a solution to their difficult situation.
In addition, with the current owner working less than 10 hours per week on the business, an active owner could replace one of the employees and gain around $50,000 in cash flow in addition to the $315,000 currently being made.
Proprietary industry software will provide a buyer with financial reporting, daily operations, technology, and management for a growing business.
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. Other highlights include:
SBA loan eligible
No accounts receivable issues
No debt in the current business
Current owner works out of home office
Proprietary all – inclusive industry software
Clean books and records – all numbers are verifiable
Excellent outsourced marketing / social media partner
Property Features and Assets:
<p>The current owner operates the business out of his home office. He encourages an interested buyer to operate out of their home office as well to keep expenses to a minimum.</p><p> </p>
Market Competition and Expansion:
<p>The company has been so successful because of their personalized and clinical approach with their clients. This is what separates them from their competition.</p><p> </p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity