Cash Flow:
Cash Flow (SDE) - The total financial benefit a single owner gets annually, calculated by adding back the owner's salary, perks (like personal use of cars, travel), non-cash expenses (depreciation), interest, and one-time costs to the pre-tax profit. Seller's Discretionary Earnings, or SDE provides buyers with a clearer picture of the business's true cash flow and earning potential.
$231,253
Gross Revenue:
$883,206
Location (Area):
325
FF&E:
FF&E (Furniture, Fixtures, and Equipment) refers to all the movable, non-structural assets used in the business, such as desks, computers, machinery, shelves, and decor, which are included in the sale to keep the business operational and functional for the buyer.
$2,000
SOLD Companion Concierge Caregiver Service for Seniors
Profitable in-home caregiver service, giving seniors a chance to “age in place” by providing in-home care giving for stroke, dementia and/or elderly clients. Three full-time staff employees include a recruiter/scheduler, a marketing specialist and an admin. Part-time staff include an RN for assessments and 40 caregivers.
Market Notes:Despite the presence of numerous home health care agencies in the area, Close to Home Caregivers stands out with a large and steady clientele. This strong client base is a testament to the company’s reputation for delivering reliable, compassionate care and building trust with families in the community. Close To Home’s commitment to quality service and personalized attention has been key to maintaining and growing its clientele in a competitive market.
Growth Notes:Non-medical caregiving is a growing industry, expanding rapidly due to the aging population and a preference for aging in place. The home care market is expected to grow significantly, with the overall home healthcare market projected to expand from $349.02 billion in 2023 to $383.52 billion in 2024. Additionally, the industry has been growing at an average rate of 2.3% annually from 2018 to 2023. This growth is driven by factors such as technological advancements and changing client preferences towards personalized and home-based care. This growth is driven by increasing demand for non-medical care, catering to clients with limited mobility or cognitive challenges.
(954) 596-8060
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