SE Virginia Private Duty Home Health Care Business

Business Description
Successful, Turn-Key Private Duty Home Health Care Business located in Southeast Virginia is available for immediate sale and searching for an owner to take the enterprise to the next level. This business has everything in place to generate profits Day One after closing.

In many cases, family caregivers sacrifice their own personal lives to care for an aging parent or loved one. This is often at the expense of their own health, happiness, and well- being. This company prides itself on designing and executing personalized, loving, and professional care plans that will work for the clients and their loved ones needs.

Whether the client lives in a personal residence or a public facility, whether they need short term care or long term support, or have few needs or a wide variety of needs, this business is available 24/7/365 providing excellent care from experienced aides and sitters. Services include:

• Light Housekeeping
• Bathing / Dressing / Meal Preparation
• Grooming / Incontinence Care / Respite Care
• Social Interaction
• Dementia / Alzheimers Care
• Medication Compliance / Diet & Hydration Monitoring

This business services an ideal market with built-in demand including a growing senior demographic profile with affluent income levels. Launched in 2018, the business has built a solid reputation and fostered great relationships and partnerships with local senior living communities, hospitals, and medical organizations ... referral business is well seeded and producing results. The present owner is relocating out of state and is seeking new leadership to take over the business and build on the successful foundation established with employees, clients, and partners.

Financing Available ... this business has been pre-qualified for financing to qualified buyers. An indicative term sheet is included in the Business Prospectus.

Facilities/Location/Real Estate
The business is located in an established, well located office park convenient to its client base. The office has 1,152 square feet of space and includes a reception area, three private offices, two bathrooms, a conference room/training area, break area, storage and mechanical closets. The real estate can be purchased for $125,000 or leased for $1,500/month on triple net terms. Monthly HOA fees run approx. $400/month.

Reason For Sale
Owner Relocation

Products, Services & Licenses
This business carries a licensed, insured, and bonded home care designation with the Commonwealth of Virginia. New ownership will need to apply for a home care license with the Department of Health in Virginia.

Terms & Options
The business is located in an established, well located office park convenient to its client base. The office has 1,152 square feet of space and includes a reception area, three private offices, two bathrooms, a conference room/training area, break area, storage and mechanical closets. The real estate can be purchased for $125,000 or leased for $1,500/month on triple net terms. Monthly HOA fees run approx. $400/month.

Financing Comments
This business has been lender pre-qualified by Plymouth Capital for the business alone and for a combined business/real estate loan. This special financing is available to qualified prospects and subject to full underwriting process. Complete details are included in the Business Prospectus.

Competition
The home healthcare industry is highly fragmented. As hospitalization costs have increased and aging consumers have embraced the home healthcare trend, many new operators have entered the industry over the last five years. There are competitors in the area but service demand remains very strong due to local favorable demographics, income levels, economic factors, and robust referral partnerships and associations.

Potential for Growth
The business is established and well-regarded but positioned for greater success and returns, including opportunities in:

1. Geographic Expansion
2. Conducting PCA Training Seminars
3. Association Business Development
4. Senior Living Network Expansion

Total Sales: $486,825

Cash Flow: $100,547