MergerPlace

15 Year Home Health Care Company

Cincinnati, Ohio (Hamilton)


  • Asking Price: $630,000
  • Gross Income: $1,186,000
  • Cash Flow: $251,000
  • Real Estate: Not Disclosed
  • Inventory: $50,000
  • FF&E: $10,000
  • Listing ID: #212579
  • Established: 2004
  • Employees: 60

Business Description

This non – medical home health care service company has been owned and operated by the original family for 15 years. Between 2016 and 2019 company revenue has risen 40%. The company focuses on hourly and live – in care. Caregivers provide personal care needs, home – making assistance, light cleaning, companionship, and incidental transportation & accompaniment. All caregivers are carefully screened and go through a behavioral – based interview process along with rigorous reference and background checks. The business is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

All private pay
Low overhead
SBA loan qualified
No collection issues
Experienced office staff
Short or long - term care
Owner chooses to work primarily out of home
Clean books and records – all numbers are verifiable
Industry software provides client database, billing, reports, & much more


Business Details

Primary Business Category: Health Care - Ambulatory
Location: Ohio
Metropolitan Area: Cincinnati
County: Hamilton

Company Information

Year Established: 2004
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 60

Financial Information

Asking Price: $630,000
Gross Revenue: $1,186,000
Cash Flow: $251,000
EBITDA: $251,000
FF&E: $10,000
Inventory: $50,000
Seller Financing Available: No

Property Information

Facilities:

The company is operated out of relatively small office space; moreover, the owner often works out of home.

Growth & expansion opportunities:

A sales - oriented buyer could continue to call on more medical facilities and nursing homes to grow the business. A more aggressive social media program could spur sales as well.

Competition:

There certainly is competition in this industry, but this company has been serving this area of Cincinnati that they cover for 15 years with very high - quality service and have developed a wonderful reputation.

Reason for selling:

Moving

Support & Training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Contact Business Seller

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Business Listed By:

Dan Long

Cincinnati Business Brokers