Price: $149,900
Location: Branchburg, New Jersey
Industry: Services
Listing ID: svs505
New Jersey State licensed accredited Home Care Agency providing quality care and assistance to elderly, disabled and patients recovering from illness or surgery. The agency has one hundred available home health aides and internal employees in order to properly service its clients. The experienced staff of Registered Professional Nurses and Home Health Aides is able to assist clients with physical and emotional support in the convenience of their home. Their aides facilitate activities of daily living under the supervision of a Registered Professional Nurse and all caregivers are bonded and insured. An individual plan of care is designed for the patient by a New Jersey licensed Registered Professional Nurse (R.N.) based on medical assessment and patient’s need. The Plan of Care addresses medical, physical, social and emotional aspects of patient’s needs. The company accepts private payment, long-term insurance, most private insurances, and Medicaid is available to new operator. In addition, this home care agency participates in a variety of programs, including CCPED, ACCAP, RESPITE, GLOBAL OPTIONS, JACC, HOSPICE, MCMAP, VNA and HIVHC. In order to maintain the highest standard of care possible the company consistently demonstrates full compliance with New Jersey State regulations and the staff undergo State and Federal screening, fingerprinting, intensive interview process that includes reference verification and skill evaluation. This is a well-known Home Health Care company located in northern New Jersey committed to providing families with compassionate care for their families. This highly successful franchise organization offers one-on-one, personalized care within the comfort of the client’s home. This home service agency offers private and long-term care insurance, as an accredited agency.
The company offers at-home aid and nursing service for support with daily living or skilled nursing to meet your medical needs. The company offers an hourly, 24-hour, and live-in basis. The personal aide can assist which includes homemaking, personal care, errands, shopping, transportation assistance, appointment accompaniment and more. Whether you need dependable senior care, memory loss care, or a trusted companion for a loved one of any age this company staff is available 24/7 and for short-term stays. Whether it is a result of age, Alzheimer’s, or Dementia, simple tasks like cooking, bathing, or tidying up can become increasingly difficult for your loved one to do on their own. Their compassionate caregivers lend a helping hand and promise to assist your loved one while maintaining their comfort, dignity, and independence. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator.
Listing Details
Revenue: $680,000
Cash Flow: $55,000
FFE: $75,000
Inventory: $450 (Included in Price)
Franchise?: Yes
Franchise Information:
To be supplied
Reason For Sale:
Partnership saperation
Training & Support:
Training and owner support, the owner is fully prepared to remain post-closing and will supply an appropriate transitional period to purchaser.
Operation
Year Established: 2020
Days & Hours of Operation: Days Hours of operation; this business is active seven days per week, with available 24 hours to service their clients
Owner Hours Per Week: Full Time
Employees: Regarding employees and payroll, this company consists of 1 employees and twenty five home health aides who are unaware of the pending sale. The payroll is primarily based on an hourly basis, and weekly base salary, and the staff is fully expected to remain post-closing, the monthly payroll expense is approximately $36,250.
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 1500
Type of Location: Commercial active highway
Relocatable?: Yes
Facilities Information:
This business opportunity is conveniently located in north central New Jersey, Morris County. This business facility consists of approximately 1,200 square feet with a modern, and professional appearance. The sale includes a five-year lease with a monthly rent of $1,500 and required rent security.
Summary
Historical Summary:
This is a six-year-old full-service Home Health Agency.
Owner Qualifications:
For Qualifications purposes; this business opportunity requires State government licensing approval to purchase-operate in addition to the required state licenses and the standard municipal licenses.
Competition:
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Potential Growth:
Regarding growth and expansion, the retail company can be further developed with Medicaid approval and improving the marketing and local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.
Financing/Terms:
Also, SBA bank financing is available for this transaction and seller financing may be available to a qualified buyer with an appropriate down payment, collateral, and credit rating.
