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Private Duty Home Care Health Services Business
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $402406
Net Profit / Cash Flow $57476
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2010
Number of Employees 20 - 34
Inventory 5500
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training Seller will provide training after purchase, assist in securing retention of employees and transfer of partnerships with skilled home health, hospice, hospital, assisted & independent living and insurance companies, provide on-call telephone assistance af
Reason for Sale Owner took lucrative corporate job opportunity. Wife is a registered nurse and has no desire to operate and manage the business on her own.
Description Opportunity to purchase a premier provider of private-duty home care service franchise. Franchise started in 2001 and has grown to 130+ units in the United States, Canada and England. Has very strong reputation as the most innovative and professional in home care service provider for senior citizens in the country. Direct market area includes Tarrant, Johnson, Dallas & Ellis Counties with the majority being in Tarrant County.
Non-technical, established, straightforward business model with clear operating procedures. Low fixed overhead with high profit margins at approximately 33%. All financial information 100% provable with excellent books and records. Average account receivable is approximately $10,000. Operates primarily during normal business hours. Training and support included in the purchase price as well as the $10,000 franchise transfer fee. Buyer does not need any previous experience. In home health care industry growing very rapidly and is highly profitable. Busy months are spring and fall (slows down during holidays). Seller has many working relationships with skilled home health, hospice, hospital, assisted & independent living and insurance companies. Assists senior citizens with non-medical related home care. Goal is to keep the client in their current residence while maintaining their quality of life and preserving their safety. Typically about 90% of the revenue is generated from home care services. Approximately 77% of the sales are private pay and 23% is from long term care insurance. Signed agreements are in place before home health aide is provided charging in the $16-17 per hour range. Packaged pricing is also offered for 12 hour shifts, short visits and live-in care. Clients are typically 60+ years of age requiring assistance with the activities of daily living. The owner usually deals with the children of the clients who are typically 40-50 years old. Asking price $100,000.
Contact Stocker Travis at 972-783-1662.
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