Tupelo Data Room
Assisted Living & Nursing Homes, Home Health Care
Active

Well-established Home Health Care Provider

Essex County, Massachusetts, United States
Asking Price$4.30m
Revenue$5.60m
EBITDA$1.31m
Cash Flow-
Description
This home health care company began operations in 2014 to provide medical and non-medical home-based health care services for elderly and disabled persons. Services are provided primarily in client homes, as well as in assisted living centers. The Company has specialized in providing a variety of in home medical and non-medical services for the elderly, including the supervision of prescribed medicines, and in maintaining personal hygiene, companionship, and day-to-day housekeeping. Services may also include meal preparation and feeding assistance, escorting to appointments, morning and evening routine personal assistance. Home caregivers can provide personal care and supervision for seniors and others (disabled) of their Activities of Daily Living (ADLs). Homecare hours may be short term with no minimum, or longer care for 24/7 per week, including support for end-of-life hospice care.
Real Estate
Rent is $3,000 per month
Building Size: 1500 sq. ft.
Inventory
Included in Asking Price
Business is
Relocatable
Number of EmployeesFull-Time: 70
Year Established
2014
Reason Selling
Of the four partners, two are looking to retire.
Facilities & Assets
The office is located in a large business complex minutes from a major highway and central to the market it serves. Very modern and clean facility with an attached parking garage. As services are provided in the field at clients’ homes, or in Assisted Living Centers, the main office location is in itself not considered vital, other than to provide a central location to fulfill managerial needs.
Support & Training
This Company has four partners that are committed to an orderly transition to new ownership. Two of the partners are seeking to retire and two are willing discuss continued employment opportunities.
Market & Competition
This company serves a market niche experiencing significant growth, and which is projected to grow significantly in the next decade.
Growth Opportunities
The company's license would allow for expansion to additional offices throughout the state of Massachusetts. This business sector is projected to grow significantly in the years to come
Financing Options
Seller financing is available.Some owner financing may be available to a well-qualified buyer
Asking Price$4.30m