Dynamic Direct In-Home Care Services Provider
Financials
Asking Price of business :$2,300,000Annual Sales :$3,200,000 Cash Flow :$700,000
Summary Description
This growing, highly profitable business, featuring a skilled and well-established workforce, offers a unique opportunity to gain access to a significant economic sector. Located in Southern Maine and providing in-home care services throughout the state, the business meets customer needs with excellence. Catering to a substantial niche market, the company delivers impressive net margins and has considerable room to grow - both in geographic reach and in the range of services provided.
General Information
Year Established :2021Employees :FT 18 / PT 33
Facilities :The company operates out of approximately 1,000 sq. ft. of leased office space. The modified gross lease provides 2 parking spaces and includes all utilities except for TV/Internet. The space would allow for an increase in the office staff to support future growth.
Business Location :Southern Maine
Market Outlook
Competition & Market :
The market served by this company is underserved, with many potential clients waiting for a service provider to meet their needs. Maine’s demographics support the continued growth of the company’s client base as well as allowing for the expansion of services provided. This business’s market position and its focus on the quality of its services and its staff give it an advantage over other in-home care providers.
Growth & Expansion :
The company has remarkable growth over the past 3 years since inception, realizing revenues of greater than $2,600,000 and cash flow of approximately $750,000 in its second full year of operations. The company has a unique approach to serving the market which would allow for continued growth in its current niche, and ownership has identified other opportunities for additional growth.
About the Sale
Financing :Anticipated Seller Financing $230,000. Anticipated Bank, Down Payment & Working Capital TBD.
Support/Training : Owners will provide transition support for 2-4 weeks. Hours/week TBD. Will continue remote support.Reason for Sale : To focus on other opportunities.
Contact Information
Josh Saunders
Maine Business Brokers
Phone: 207-775-1957
Email: .(JavaScript must be enabled to view this email address)
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