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- RE: Non-Medical In-Home Care Services - 25+ Year History Of Success!
- Contact: Tim Whipple
Quick Facts
Asking Price: | $900,000 | |
Annual Revenue: | $1,865,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | SB-54773 | |
Broker Reference #: | PHOENAZ002-54773 |
Business Overview:
This independently owned and operated business providing personal, non-medical assistance services has been successfully operating in the Phoenix Metro Market for over 25 years. The Company has 56 care workers assisting clients with various activities of daily living such as personal care, homemaker tasks and more. The vast majority of the Company’s clients are eligible for government assistance programs and the Company receives reimbursements from Arizona agencies and managed care organizations under programs of the Arizona Health Care Cost Containment System (“AHCCCS”). Private pay clients are currently not a focus of the Company’s business but represent an attractive growth opportunity for a buyer.The in-home personal care services industry has experienced significant growth due to the aging population and an increasing preference for in-home care. In Arizona, the population of individuals aged 65 and over, an important market for the Company, is expected to rise to almost 3 million and account for 26% of the population by 2050. Maricopa County, where the Company operates, had the biggest population growth in the country according to recent Census Bureau data. With a pro-business regulatory environment and a personal income flat tax rate of 2.5%, Arizona is expected to continue to be one of the fastest growing states in the country.The Company’s long history and excellent reputation in the Phoenix Metro market has positioned it well for potential growth. The Company is competing in an extremely fragmented market in Arizona, providing potential strategic acquirors with an opportunity to either quickly establish a significant presence in this growing market or to gain market share and efficiencies for companies with existing operations in Arizona. At this time, the State of Arizona does not require licensing for non-medical in-home care agencies, allowing a fast transition for experienced out-of-state operators looking to expand into Arizona.Potential buyers will be required to demonstrate relevant industry experience, be or have the ability to become a registered provider with AHCCCS and have sufficient managerial and financial resources to sign a Non-Disclosure Agreement and learn more about this opportunity.Sales Revenue was $1.86 million in 2023, $1.40 Million for 9 months ending Sept 2024.This is NOT a franchise.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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