||Employees||6 full, 11 part
* Included in Asking Price
With 17 fully trained and experienced staff, this business requires no MD in order for Ownership. The business was founded in 2004, and provides professional medical assistance to patients who wish to continue living in familiar surroundings i.e. their homes. The experienced, medically-trained staff allow for patient care in the home at any given time needed. Providing assistance to Seniors, Pediatrics, Wounded Victims going home, and/or anyone needing at-home medical assistance after leaving a hospital.
This business showed a 42% profit in 2014. With an Owner’s Profit of $278,003. The current Owner is providing oversight of the staff on a weekly basis. Seeking to sell due to moving to California and wishing an Owner to be closer to the business than across several states. With the niche services provided to a growing aging population, the demand for these services will continue to increase
A Buyer would have a Net Operating Income (Profit) of $95,610 after all expenses and loan payments are paid in year one.
List Price: $1,190,000
Owner Profit/Cash Flow
Profit Margin: 42%
Multiple: 4.3 *Multiples range from 1-5, with the average being 3
Valuation: 2014 Cash Flow x Multiple = Price
$278,003 x 4.3 = $1,195,413
Assets Included in Purchase: $133,300
Intangible Assets: Relationship with several providers along with all usable Marketing Material and Website content.
Year Established: 2004
Location and Service Area: Omaha, Nebraska
Patients: Seniors, Pediatrics, Wounded Victims going home, anyone needed at-home medical assistance after leaving a hospital
Reason for Selling: Moving to California
Employees: 17 = 1 Office Manager, 4 FT RNs, 1 FT LPN, 11 PT CNAs
Seller Training Period: Seller is willing to train and transition for up to 1 year post-close
Growth Opportunities: Expanding services from Omaha to Des Moines, Iowa – opening an office location there
Current Owner’s Responsibilities: Overseeing management of staff
Purchase Price: $1,190,000
15% Buyer Down Payment: $178,500
15% Seller Financing: $178,500
70% Bank Loan: $833,000
Buyer would have a Net Operating Income (Profit) of $95,610 after all expenses and loan payments are paid!
|Growth Potential:||Expanding services from Omaha to Des Moines, Iowa – opening an office location there|
|Training/Support:||Seller is willing to train and transition for up to 1 year post-close|
|Seller Financing:||15% Seller Financing: $178,500|
|Sale Reason:||Moving to California|
Seller Reference #HEA002
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