THE BUSINESS: This business specializes in providing top-quality, client centered non-medical care to the elderly and people with disabilities. Over approximately ten years of operation it has built a large and dedicated staff of caregivers and a loyal clientele that accounts for an almost 100% retention rate and numerous referrals. 

WHY BUY?

• Excellent Reputation

• Trained and Loyal Staff

• Established Client Base

• Located in Very Desirable Area

• Growth Industry

• Highly Profitable

• Successful Business Model

FACILITIES: The business is located near a major city on a major hi-way with easy access to its client base. It operates from a leased space consisting of five private offices and a conference room. The property is in a retail and commercial district. 

EMPLOYEES: The trained and dedicated staff has over 7 years average experience and they have developed their own strong client relationships. The employees feel empowered and are trained to be respectful and tactful in the performance of their duties. 

COMPETITION: While there are a few competitors in the market this company serves, our client has the reputation of providing a premium service. 

CLIENTS: Clients are obtained by a concentrated coordinated marketing effort aimed at key referral partners such as assisted living facilities, nursing homes, healthcare providers, senior activity organizations, health fairs and trade shows addressing the needs of the elderly. 

FINANCIAL: The business has experienced steady growth with current revenues in the $2.2mm range. The current cash flow provides a lucrative income for the seller. EBITDO in 2008 was $ 280,000. Present indications are that sales in 2009 or for a new owner would approximate $ 2,350,000 with EBITDO of $ 310,000. 

SUMMARY PRICE & TERMS: This dynamic growing company in a vital growth industry represents a great opportunity for the next owner. It occupies the premier position in its marketing area in an industry that is poised to expand in terms of numbers and importance in the coming years. The company is attractively priced at $1,200,000 and CBI estimates an equity investment of $250,000 with the remainder funded through banks and the seller. Help our client retire while providing an excellent investment for you by contacting CBI about this wonderful business. This business will appeal to both individual and corporate buyers who recognize the market potential.