Non-Medical In-Home Senior Services: Passive Owner

Business Overview:

Established in 2016, this prominent provider of non-medical in-home care services has two strategically placed locations—one in Omaha and a satellite office in Lincoln. Specializing in a comprehensive range of non-medical care services tailored primarily for seniors who require assistance with daily activities. These services include: Bathing and Grooming, Hygiene Assistance, Cleaning Services, Transferring Assistance, Incontinence Care, Errands, Dementia Care, Nutrition Assistance, and Hospice Care Support. This business employs a total of 47 staff members who are all W2. The workforce includes a General Manager who oversees all day-to-day operations, along with a leadership team. The company boasts 5 years of consistent growth, and have kept a 27% profit margin! The owner has a very limited role of less than 5-10 hours per week. To ensure a smooth transition for new ownership, the seller is willing to provide training for a period ranging six months based on the buyer’s preference and is offering to carry a 10% promissory note. Priced at $2,800,000 a 10% down payment of $280,000 can return $341,334 in the first year after debt payments. There are significant growth opportunities available for new ownership; these opportunities include the expansion of service offerings to include skilled care and geographical expansion. Introducing skilled care services could attract more clients requiring medical assistance alongside personal care. Targeting rural areas within Nebraska could tap into underserved markets where demand for non-medical personal care is rising.

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Market Competition and Expansion:

Growth Opportunities: Expand the current services to include skilled care and expand geographically into more rural areas with need

Reason for Selling:

Additional Details:

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