MergerPlace

Established Thousand Oaks Senior Care

Thousand Oaks, California (Ventura)


  • Asking Price: $2,440,000
  • Gross Income: $4,100,000
  • Cash Flow: $670,600
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #210306
  • Established: Not Disclosed
  • Employees:

Business Description

This is a highly profitable 10 year old in-home senior care business. Sellers are retiring (in their late 70’s). The business does primarily non-medical work for their clients (in the clients home). There is an excellent team of caregivers and internal office staff to make the transition totally smooth for a new buyer. This business is 100% turn-key and there is terrific training by not only the seller, but the franchisor as well. You’ll know how to run this business BEFORE you even step in the door.

The earnings in this ad are a weighted average set forth by the valuation firm. The owner had a Wall Street level appraisal completed on the business which is the price that is stated. Wells Fargo, US Bank, Radius Bank, CIBIC Bank and about 10 other major banks use this valuation firm to do their own internal appraisals for their underwriter teams. The point is, this is a solid, perhaps even a conservative appraisal number.

The deal is lender ready with a buyer having about $488,000 down.

Sales for 2015: $3,157,705 2016:$3,592,345 2017:$4,190,642 Projected 2018: $4,000,000.

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Projected 39%* return on your investment!!!!!!
Purchase price (Appraised price) : $2,440,000
Scenario assumes a buyer will work similar to the way one of the sellers does now.
20% down $488,000
Debt service on $1,952,000 = $281,113 year ($1,952,000 @7.75% over 10 years roughly)
Current weighted earnings (what the business throws off for the current seller) = $670,600
New owner to take out a $200,000 year salary
$189,487 left after new owner salary and paying the loan annually ($670,600 -$281,113 -$200,000 = $189,487)
ROI = $189,487 / $488,000 = 39% return on your investment! Most inventors in the stock market are lucky to get a 10% return on their investment a year!! What can you do with an extra $189k a year after making your wage and loan payments?!

*Important: Don’t take our word for it, you must have your accountant verify all of these calculations and see if they come to the same conclusion BEFORE you put any money at risk. We are confident when your accountant runs the numbers they will come to the same conclusion. Additionally, if you happen to get the business for less than full price, the results will be even better!! Working capital is not calculated into these figures above.

You do not need any experience in the medical Industry to succeed. Extensive training and support provided by the franchisor. The owner's role is to market and build your business, expand and build relationships in the community, and manage a dedicated team of quality caregivers.

This business serves the rapidly growing $1.8 trillion healthcare industry. Two thirds of home care recipients are over the age of 65. Seniors represent the largest, wealthiest, and fastest growing market segment in the U.S. There are over 40 million people over the age of 65. Today, over 1.4 million Americans are receiving some form of home care. By the age of 85, nearly 50% need some support with everyday activities. Changes in fertility, women's labor force participation, and increases in the divorce rate have reduced ability to personally take care of older family members.

The US Census Bureau shows that this is the fastest growing segment of the population today. In the year 2000, over 600 million people were over age 60. By the year 2025, there will be 1.2 billion in that age range and over 2 billion by 2050.

NDA is required. Contact us - We will provide a short online NDA and contact you once your NDA has been received.


Business Details

Primary Business Category: Health Care - Nursing & Residential
Location: California
Metropolitan Area: Thousand Oaks
County: Ventura

Company Information

Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $2,440,000
Gross Revenue: $4,100,000
Cash Flow: $670,600
Seller Financing Available: No

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Blue Stone Business Group

Blue Stone Business Group