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Cash Flowing Home Health Non Medical Services Co
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $435000
Net Profit / Cash Flow $90000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2006
Number of Employees 10 - 19
Inventory Included in asking price.
Relocatable Yes
Number of Employees 10 - 19
Real Estate Owned
Training The owner desires a transition that is both smooth and seamless. The owner will train the buyer per contract agreement & until a complete understanding of the company is achieved.
Description 75 Million strong and as they age, home health companies and all services that cater to this exploding, aging population known as the massive 'baby boomer generation' will reap unprecedented decade-over-decade returns. According to the United States Department of Labor, Home Health Aide companies are the number one group that will experience the largest growth over the coming decades; Labor Department mentions''...the 55 and older age group is projected to increase by 29.7 percent, more than any other age group.'' This passionate and very profitable home health aide company has been growing right along with these aging boomers. Ownership functions as the head of the company and does not provide any services directly, utilizing the staff of 15 home health aides to service the clients. The owner values the precious clients greatly and desires a successor for the company that has an equal passion for providing these much needed services.
Facilities: Company may easily be operated from a home office setting, due to the health/care giver visiting each client at their own home.
Competition: Company has been very successful in business for 6 years and is entrenched deeply in North Texas. The business is an ideal candidate for an individual that has left Corporate America and truly desires to own a well-known, already profitable, successful company. Unlike most small businesses in today's economy, this charming company goes against the flow and is profitable year-over-year.
Expansion: It has been widely known that those businesses that follow the 'baby boomers' and provide services to meet each chapter of their lives will profit and grow steadily year-over-year. These boomers are now retiring in record numbers and as they age, home care givers and companies that provide home health services will prosper. Notable is that this will be a phenomenon that will last for decades due to tip of this age group turned 65 years of age last year.
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