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Personal Home Care For Older Adults – Ct/ri For Sale

Connecticut, US
Asking Price:
$20,500,000
Sales Revenue:
$26,000,000
Cash Flow:
$4,500,000

Fueled by ever-expanding demand and an improving labor market, this award-winning provider of home-based living assistance services grew first quarter client billings by 12%. Full-year Revenue is trending at $26M.

As the distinct market leader and provider/employer of choice, the Company is poised to ride the wave of demand driven by the oldest of the 78M baby boomers reaching their average life expectancy in 2024.

Revenue is highly diversified among primarily self-pay clients. The Company’s competitive advantages include its unique size & scale, high brand awareness, and an exceptional reputation from excellent client/caregiver experiences. Its new client referral apparatus is second to none.

Property Information

Real Estate:

Lease

Location:

The high-performance office teams’ market and coordinate care from five centrally located, fully equipped offices.

Business Operation

Expansion Potential:

Ongoing growth can be achieved by both organic and inorganic initiatives.

Competition / Market:

The Company’s unique client density is such that it has a substantial caregiver recruiting advantage from being able to offer employees the hours and work schedules they desire whether part-time or full-time.

Reasons for selling:

Retirement

Employees:
500
Years established:
13

Other Information

Support & training:

For the sake of management continuity and the smooth transfer of knowledge, know-how and relationships, the current Managing Owner is willing to stay on for up to a year.

Owner financing:
Owner financing is available. Please contact the seller for more information.