Annual Revenue: $1,219,450
Net Cash Flow: $243,000
Industry: Health Care
Location: Fairfield County, Connecticut
ESTABLISHED PRIVATE PAY NON-MEDICAL HOME CARE AGENCY – NOT A FRANCHISE. THE OWNER WILL TRAIN. The present owner has operated in this geographic area and has a great name; reputation and loyal following from Care Coordinators in the local area. Due to Health Issues and being of retirement age the owner has scaled back the business to a maintainable level for his efforts. They provide hourly and 24/7 live-in care plans. The levels of service are Companion, Personal/Homecare, and Personal/Homecare Extra.
2021 revenue target about $800,000; SDE of about $160,000 – business priced accordingly
Terms and Conditions?:
$395,000 – includes, License, office, steady small client base, caregivers, turn-key operation – easy to grow this business from this base.
Reason For Sale:
Seller Retirement; 30-day transition included at No Charge with the sales price.
The business currently operates out of a commercial office space of approximately 1,000 sqft.
The new owner can expand the business by advertising and contacting the extensive lists of CareGivers that have used the services of this agency in the past. A new owner could also choose to accept Medicaid Reimbursement Clients.