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Business for Sale Summary

Senior Home Care Business for sale in SC - 33994

Business Type: adult homecare assisted living,misc. service/non-classifiable,other personal services,seller financing available,healthcare related services
Senior Home Care Business for sale in SC
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This business has received 88 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $999,999 Down Payment $600,000
Gross Revenues $1,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $202,000 Number of FT Employees Register Free to View

Financing

$600,000 Down and $399,999 over 5 yrs. with terms TBD.

Business Description

This successful and growing senior home and health care business is centrally located in Spartanburg County, South Carolina. They can suit all home care needs from home companions to live in home care, post-surgery care to palliative support. The business actually consists of two contiguous franchise territories; although a new owner could choose to operate independently. There is a tremendous opportunity for expansion here. The business has large referral partners, including government agencies. Recently approved by South Carolina DHHS as a Medicaid provider. Sales have grown considerably from $1.3 million in 2021 to over $1.5 million for year-end 2022, with an owner’s cash flow of over $202,000.00 The business offers very competitive rates, plus has several contracts with government entities with services at higher rates than private pay. Accepts all LTC insurance. Full time admin staff is in place which provides the possibility of absentee ownership. Will provide training. We are seeking a serious and financially qualified buyer with at least $600K in liquid funds. The ideal buyer would have experience in the industry. Proof of funds will be requested before any buyer seller calls or meetings. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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 registration@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.