Omaha-Based In-Home Companion Care & Assistance Business For Sale

2005

Established client base and over 25 PT caregivers for home-based needs for seniors and others who require assistance. This business was established in 2010 to provide med checks and reminders, but has expanded into other aspects of companion care activities, including medication administration and management, bathing assistance, feeding tube assistance, blood draws, wound care, eye and ear drops and meal preparation. All clients are private pay, but business will assist with paperwork for client to file with, and be directly reimbursed from, any long term care insurance company.

Located in West Central Omaha, this business has a fully built-out website and social media presence. Gross sales averaged $692,910 with an average owner profit of $75,825, resulting in a 10% profit margin.

The office is open from 8:30am to 5:00pm with an after-hours answering service responding to calls outside of office hours. Caregivers are assigned in advance by the on-staff scheduler, allowing for an incoming owner to set their own hours and work as much or as little as desired.

Based on 10% buyer down payment of $19,300 and loan payments of $31,232 as shown in the example above, an incoming buyer would achieve $44,593 in Net Operating Income (profit after business expenses and loan payments). This is a 231% return on investment beyond the original down payment. br>
Next Steps:
For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

Reason for Selling: Growing Family
Personnel: 1 FT Nurse, 25 PT Caregivers, 1 PT Scheduler
Hours: 8:30am-5:00pm office hours
History: 2010
Lease: 1700 sq. ft.
Support to Buyer: 90 Days Seller Training Period
Additional Information:

Funding Example

Purchase Price: $193,00
10% Buyer Down Payment: $19,300
15% Seller Financing: $28,950
75% Bank Loan: $144,750

Based on 10% buyer down payment of $19,300 and loan payments of $31,232 as shown in the example above, an incoming buyer would achieve $44,593 in Net Operating Income (profit after business expenses and loan payments). This is a 231% return on investment beyond the original down payment.

Profit Margin: 10%

Year Established: 2010

Location and Service Area: Omaha Metro Area

Services Provided: Companion care and related services

Lease: 1700 sq. ft. in West Central Omaha

Reason for Selling: Growing Family

Employees: 1 FT Nurse, 25 PT Caregivers, 1 PT Scheduler

Hours: 8:30am-5:00pm office hours, caregivers scheduled around the clock

Seller Training Period: 90 Days

Growth Opportunities: Expand relationships with senior care facilities, apply for Iowa licensing to serve Council Bluffs as well

Current Owner’s Responsibilities: Some scheduling, office management and invoicing. Owner works 4 days per week.

Facilities:

Lease: 1700 sq. ft. in West Central Omaha

Growth Potential:

Growth Opportunities: Expand relationships with senior care facilities, apply for Iowa licensing to serve Council Bluffs as well

Training/Support:

Seller Training Period: 90 Days

Seller Financing:

15% Seller Financing

Sale Reason:

Growing Family