Home Care iStock 619393614

Independently owned and family operated home care agency. Licensed in Iowa and Illinois, with long term established referral networks. 
 

2020 annual sales of $550K was down year, due to COVID. 

Business did over $1MM in sales in 2017 and 2018 with $180-200K in pre-tax profits, including paying the owner's full time salary for part-time management.

Asking Price: $390,000

Cash Flow: $100,000 (5 year wtd avg)

Gross Revenue: $550,000 (2020)

FF&E: $20,000

Rent: $1,870 per Month

Established: 1999

  • Real Estate:  Leased 
  • Building SF: 1,620 
  • Employees: 10FT, 20PT 
  • Furniture, Fixtures, & Equipment (FF&E): $20,000 Included in asking price 
  • Facilities: Leasing two offices, main office in Iowa, satellite office in Illinois. 
  • Financing: 10% Purchase Price 5 Years 
  • Support & Training: Strong admin staff with decades experience and RN status. 
  • Reason for Selling: Retiring 

Upon receipt of this completed and digitally executed NDA below (or from direct link here) we will follow up by phone and/or e-mail to qualify providing the complete offering memorandum and schedule a time to discuss the opportunity further.