Home Care Company in Northern New England SBA Pre-Qualified!

Price: $530,000

Location: Northern New England

Industry: Health Care and Fitness

Listing ID: CM83022

This non-medical home care company has developed a sterling reputation with patients, families and referral sources across the area.

Located in the Maine, New Hampshire, Vermont region of New England, they are fully-staffed –something that not many businesses can say these days. They accomplish that be treating and paying their staff very well.

They maintain a low number of clients, though that can be grown by a new owner. Even with the current roster of clients, the owners are taking home $180,000/year between the two 50/50 partners.

There is tremendous growth potential as the company does not currently work with the VA or the state’s Medicaid program. That represents an enormous pool of potential clients that has not been tapped.

The business is run out of the seller’s home. There is no real estate purchase necessary.

The sellers will stay on for training and a transition period.

Listing Details

Gross Revenue: $613,223

Cash Flow: $213,656

Reason For Sale:

Sellers are retiring

Training & Support:

Sellers will assist during transition

Operation

Year Established: 2005

Days & Hours of Operation: as needed

Owner Hours Per Week: 40

Non-Owner Payroll: $10,578

Employees: 15

Location

Relocatable?: Yes

Facilities Information:

The business is run out of the seller’s home. There is no real estate purchase necessary.

Summary

Potential Growth:

They maintain a low number of clients, though that can be grown by a new owner. Even with the current roster of clients, the owners are taking home $180,000/year between the two 50/50 partners. There is tremendous growth potential as the company does not currently work with the VA or the state’s Medicaid program. That represents an enormous pool of potential clients that has not been tapped.