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Financing: $1,900,000.00 Down and terms tbd Reason for Selling:partner must exit business This unique niche home care agency is rapidly growing at
a compounded rate of 8% per month. This business services
a niche disabled population for which DOH and DDS pay a
higher hourly rate. Non-medical care. Now licensed to service
all populations in all counites of Ct. Initial assessment by
the Director of Nursing to determine level of care. Located in
a brand new 11,000 sq ft facility cost $300,000 to buildout 3
years ago. Opportunity to offer home care services throughout
the entire state and to also offer AFL (Adult Family Caregiving)
services.
It's difficult to obtain a home care license that covers the
entire state of Connecticut. Long lease. Fully integrated
software is provided by the state Sundata-Ct and CTD SMAB.
Gross revenue and net income in the profile is projected
based on year-to-date numbers and the August billing
continued for the Sept-December period. At a 8% monthly
growth rate, the actual full year billings will be much higher.
Owner net profit margins are 25-30% and the net income
representation is a projection based on actual current billing.
The state of CT is providing grants to cover certain expenses
because the agency is the one of the few agencies providing
service to these niche clients.
Owners seek a buyer that can provide proof of funds of at
least $1m and, more importantly, has relevant care experience.
This is required for the name and location of the agency
followed by a call or meeting with the owners. No bank
financing.
The Home Care Agency (Listing # 34897) shares the
facility with a Social Adult Day Care (Listing # 34896) that
services the same niche population. Listing # 34896 (SADC)
is offered for sale together with this Home Care Agency.
Contact broker Joseph Stansky at 631-383-3109 with your background
and Proof of funds.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |