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- RE: In-Home Health- $1.95M Sales,$685K Profit
- Contact: JT Tatem
Quick Facts
Asking Price: | $2,145,973 | |
Annual Revenue: | $1,958,897 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $685,578 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 65 | |
BBN Listing #: | 985600 | |
Broker Reference #: | 52661-965449 |
Business Overview:
This business just keeps getting better. 2023 Ended with higher than expected revenues. Opportunity to expand services even farther throughout the state. This is an in demand and quickly growing industry. With this business you are primed for success getting into the In-Home Health Assistance industry. This business is not only thriving, they have so many clients asking for them that they never have slump quarters. The secret, a great reputation and loyal repeat customers. A new owner could easily expand the operation and grow it even further. Don't wait, inquire now!
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Property Features and Assets:
Husband and wife team founded this very strong and profitable company in 2018. Aimed at providing compassionate and reliable care,they are active owner operators. In just over four years the business has exploded to 65 employees and 80 clients billing approximately 1600 hrs. per week. You're buying a very efficiently run organization that gets paid automatically every week.
Small rented office space is all that is required to operate efficiently. A comfortable place to meet with new client families and have a local area presence.
Market Competition and Expansion:
Nursing services can be added in with a qualified and licensed owner. Consider expanding to other locations in the Upstatelike Simpsonville,Easley,Spartanburg,Anderson. Grow farther by growing staff and clients in Orangeburg, Hilton Head, Horry, Charleston, etc. where establishing a local office can garner more clients and caregivers.
Most franchise brands do not service Medicaid clients. Other Medicaid competitors generally lack quality care. Most franchise brands do not service Medicaid clients. Other Medicaid competitors generally lack quality care. Only one large area competitor to this Home Health Care provider, leaving a large market share remaining to be captured. leaving a large market share remaining to be captured.
Reason for Selling:
other business interestsAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more South Carolina businesses for sale
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