Very profitable Personal Care Services for Senior Citzens

Newport News, VA

Seller Financing Available

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Asking Price:$586,000
Gross Revenue:$658,084
FF&E:$3,000
Cash Flow:$194,805
Rent:$860/Month
Established Year:2014
BUSINESS DESCRIPTION

Personal Care Services Business For Sale

Provide personal care services for senior citizens in the Hampton Roads area with this well established, and profitable personal care service business for sale!! Mostly all private pay work, so you don't have to deal a lot with insurance companies. The seller's provide respite, meal prep, medications and other services to senior citizens and work with only a handful of clients at a time. There is lots of room for growth if so desired and no special licenses needed to operate.


DETAILED INFORMATION
Location
Newport News, VA
Inventory
Included in asking price
Real Estate
Leased
Building SF
800
Lease Expiration
30/06/2024
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Small office rental for employees to gather and have meetings. There would be fleixbility in moving the office in the general area.
Competition
Several competitors in the same space, but this Seller's company has a great reputation and just works off of referrals.
Growth & Expansion
Adding additional staff to take care of current demand, increased marketing and adding additional services.
Support & Training
2 weeks and open to what is needed for a good transition.
Reason for Selling
Retirement
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Tim
Johnson
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Tim Johnson