Established In-Home Care Services

$1,599,998
Seller Financing

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Description

Founded in 2014, this well-established in-home care business operates with a team of 30 employees, consisting mainly of caregivers, with an even split between 1099 contractors and W-2 employees. However, 1099 caregivers are not guaranteed with the sale. The company provides a wide range of services, including meal planning and preparation, light housekeeping, bathing assistance, toileting, hygiene and grooming, ambulatory assistance, companionship, socialization, humor and fun, as well as exercise and mobility support. The business serves clients within a 2-hour radius of Phoenix, Arizona, and generates new business primarily through insurance contracts with major providers like United Healthcare and Banner, with referrals managed through Axis. Insurance companies act as the primary payors, providing a stable revenue stream. Growth opportunities include expanding the service area, increasing marketing efforts, and targeting private pay clients for additional revenue. While the office space is not included in the sale, the new owner can easily relocate.

Listing Details

  • Established In-Home Care Services
Price:
$1,600,000
Cash Flow:
$455,000
Total Revenue:
$1,312,336
Seller Financing:
Yes
Year Established:
2014
Property Included:
No
Purpose For Selling:
Focus on new opportunities
Listing ID:
A00029

Established In-Home Care Services

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