Hot Listing
Non-Medical In-Home Senior Services: Passive Owner
Business Description
Established in 2016, this prominent provider of non-medical
in-home care services has two strategically placed
locations—one in Omaha and a satellite office in Lincoln.
Specializing in a comprehensive range of non-medical care
services tailored primarily for seniors who require assistance
with daily activities. These services include: Bathing and
Grooming, Hygiene Assistance, Cleaning Services,
Transferring Assistance, Incontinence Care, Errands,
Dementia Care, Nutrition Assistance, and Hospice Care
Support. This business employs a total of 47 staff members
who are all W2. The workforce includes a General Manager
who oversees all day-to-day operations, along with a
leadership team. The company boasts 5 years of consistent
growth, and have kept a 27% profit margin! The owner has a
very limited role of less than 5-10 hours per week. To ensure
a smooth transition for new ownership, the seller is willing to
provide training for a period ranging six months based on the
buyer’s preference and is offering to carry a 10% promissory
note.
Priced at $2,800,000 a 10% down payment of $280,000 can
return $341,334 in the first year after debt payments. There
are significant growth opportunities available for new
ownership; these opportunities include the expansion of
service offerings to include skilled care and geographical
expansion. Introducing skilled care services could attract
more clients requiring medical assistance alongside personal
care. Targeting rural areas within Nebraska could tap into
underserved markets where demand for non-medical
personal care is rising
in-home care services has two strategically placed
locations—one in Omaha and a satellite office in Lincoln.
Specializing in a comprehensive range of non-medical care
services tailored primarily for seniors who require assistance
with daily activities. These services include: Bathing and
Grooming, Hygiene Assistance, Cleaning Services,
Transferring Assistance, Incontinence Care, Errands,
Dementia Care, Nutrition Assistance, and Hospice Care
Support. This business employs a total of 47 staff members
who are all W2. The workforce includes a General Manager
who oversees all day-to-day operations, along with a
leadership team. The company boasts 5 years of consistent
growth, and have kept a 27% profit margin! The owner has a
very limited role of less than 5-10 hours per week. To ensure
a smooth transition for new ownership, the seller is willing to
provide training for a period ranging six months based on the
buyer’s preference and is offering to carry a 10% promissory
note.
Priced at $2,800,000 a 10% down payment of $280,000 can
return $341,334 in the first year after debt payments. There
are significant growth opportunities available for new
ownership; these opportunities include the expansion of
service offerings to include skilled care and geographical
expansion. Introducing skilled care services could attract
more clients requiring medical assistance alongside personal
care. Targeting rural areas within Nebraska could tap into
underserved markets where demand for non-medical
personal care is rising
About the Business
- Years in Operation
- 9
- Employees
- 47
- Currently Relocatable
- Yes
- Opportunities for Growth
- Growth Opportunities: Expand the current services to
include skilled care and expand geographically into more
rural areas with need
About the Sale
- Seller Motivation
- Multiple business ventures
- Transition Support
- 6 months depending on the buyer’s
preference - Financing Options
- 10% Buyer Down Payment $280,000 10% Seller Financing $280,000 80% Bank Loan $2,240,00
Listing Info
- ID
- 2332417
- Listing Views
- 3896
Attached DocumentsAttachment Disclaimer
Listing ID: 2332417 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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