S364 – Private Duty Healthcare Agency – Price

Private Duty Healthcare Agency – Priced to Sell

Location

City San Antonio
State TX
County Bexar

Financial Information

Asking Price $750,000 Show Loan Calculator
Down Payment
Annual Receipts $2,195,000 ('11)
Cash Flow $447,000 ('11)

General Information

Description This established, profitable, and growing business provides private duty services to clients in the San Antonio area. This vitally important service allows their clients to continue to live independently in their own home prior thus delaying a move to an assisted living facility. About half of the revenue is private pay and the other half is through long term insurance providers. The agency is growing and typically averages over 70 clients. The types of services include meal preparation, companionship, medication reminders, light housekeeping, and personal care such as dressing, bathing, hair, etc. One of the key successes of the business is the quality of the caregiver that is hired who develops the personal relationship with the clients. The demand for non-skilled care of the elderly and home-bound will increase with the aging population of baby boomers. It is estimated that by 2030 that 72 million Americans (20% of population) will be considered in the senior stage of life. There are other opportunities for growth by developing relationships with nearby nursing homes / assisted living facilities, hospitals, and developing a pediatric client base. There is one working owner and one passive owner. The owners are selling due to other business demands and are willing to sign a client and employee non-solicitation agreement as part of the sale in addition to a training and transition program. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Call Doug Scheiding at 210-348-8989 or email at info@bbofsa.com for more information.
Reason For Sale Other business demands
Franchise No
Home Based No
Relocatable Yes
Year Established
Year Acquired
Employees 4 FT 60 PT

Building Information

Building Sq. Footage 750 square feet
Monthly Rent $450
Real Estate Available No

Contact Business Brokers of San Antonio for more information.