See Similar Listings

$3.8Million Revenue Opportunity Senior Care Business in South Carolina

York County, SC
listing image
Cash Flow:$940,000
Established Year:2020
Gross Revenue:$3,800,900
Listing ID: 2313782Listing provided by BizBuySell
BUSINESS DESCRIPTION

Excellent Continued Growth

A well-established senior in-home care provider in South Carolina, has a strong revenue history with a projected revenue of nearly $4 million in annual revenue for 2024. The company specializes in private senior care, and support services for individual clients as well as senior living facilities. The Company has a large roster of active clients supported by more than 150 caregivers’ clients with a team of 9 administrative staff.

This CHAPS certified company has built a diverse revenue base which includes revenue derived from private pay clients, VA Home maker program, Medicare advantage providers complemented by long-term care insurance and facility partnerships The company also collaborates with State healthcare programs further solidifying its reputation in the community. Armed with a complete compliment of tools, they are members of one of the top franchised networks in senior care today.

The Company has demonstrated consistent revenue growth under the current owner’s leadership while maintaining a robust service client portfolio. With their vision and focus on key initiatives the business grew 62% in 2023 and pacing well ahead in this current year of 2024. A well-managed company with Gross Profit of 45% and EBITDA north of 16%

DETAILED INFORMATION
Location
York County, SC
Inventory
Not Included in asking price
Real Estate
Leased
Employees
159
Facilities
Office equipment and furnishings are negotiable and may be included in the price
Competition
With the aging of our society, the ability to deal with the challenges requires many robust continuum of care options to meet their needs. There are many companies and people contributing to providing the necessary types of care, what sets them apart are their people. A well-trained and compassionate staff combined with the state-of-the-art tools and programs
Growth & Expansion
The senior care sector is poised for continued growth in this area of South Carolina as the aging population increases. The Company’s strategic location and established operations position it to capitalize on these trends. Seniors find this area to be an affordable alternative supported by multiple medical and senior care facilities.
Support & Training
New owners will receive multi-faceted support and training beginning with the 10-day new owner training at the corporate office, in depth on-site transition training with members of the current staff, along with the franchise business development & operations specialist.
Reason for Selling
Owned by experienced business owners pursuing other ventures, the Company offers
Franchise
This business is an established franchise
Report an Issue with this listing
Michael Powers
Phone Number
Michael Powers
Call Phone