$917K Non-Medical In-Home Senior Care – East Central Ohio
Asking Price: | $299,500 |
Gross Revenue: | $917,000 |
FF&E: | $2,000 |
Cash Flow: | $107,000 |
Rent: | $325/Month |
Established Year: | 2008 |
This growing company provides non-medical care and assistance with daily living for seniors within a 4-county area northeast of the Columbus Ohio Metro area. Established in 2008, the firm is backed by the well-respected brand name of one of the most successful networks of independently owned In-home care companies in America. Its business is effectively divided between self-paying clients, seniors who qualify for Ohio’s PASSPORT Medicaid waiver program and local senior support programs.
The Company has clients, caregivers and an excellent operating system in place. Current ownership has not played an active day-to-day operating role but is prepared to assist the successful buyer with training and an effective transition.
This is a great opportunity to help meet the growing needs of the nine out of ten Americans 65 and older wanting to stay at home for as long as possible.
With more than 38,000 seniors in its service area the business has grown at a compound average annual rate of 10% since 2015 and is exceptionally well positioned for continued double digit growth.