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CEO, Brightstar Care Thousand Oaks


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President, Universal Hardwood


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President, One Stop Undercar


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President, Alexis Services, Inc.


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Vice President, SBA Lending Community Bank


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CEO Amada Senior Care


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Kitty Meyers
Owner, Synergy HomeCare Inland Empire


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CEO, Eilatan, Inc.


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Owner, Jack Winn Salon


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Nayda Poblete
President, Home Instead Costa Mesa


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Lolita L. Cruz
Owner, Comfort Keepers Laguna Niguel


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Buyer, Comfort Keepers Laguna Niguel


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Jim and Yuko Fletcher
Owners, Home Helpers Senior Care, Laguna Hills, CA


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Kelly Dunn & Nancy Bever
Owners, Caring Matters Home Care


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President, Carpet Club


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CEO, Brentwood Electrical Contractors


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Dane Gibson
Owner, Amada Senior Care of Roseville


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Remy C. Rippens
Owner, Clavel Home Care


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Carol Boettcher
Co-Owner, SpeakerPower, Inc


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Co-Owner, SpeakerPower, Inc.


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Doug Garrett
President and CEO of Garrett Engineers, Inc.


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Bill and Donna Hoover
Owners, Care4You In Home Care


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HWC Yorba Linda


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Acti-Kare


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Buyer, Acti-Kare


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Tim Hatamian, CEO
Pacific Lighting & Energy Mgmt. Co.


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Michael S. Robirds, Owner
Amada Senior Care


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Peter Chen, CEO
EJK Products


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Alternative Molding Concepts


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Bob Purkiss, President
Visiting Angels Lindsay, CA

Independent Home Care Company in WA

Bellevue, WA

hcbellevue

Price: $650,000

Cash Flow: $281,121

Total Sales: $853,381

EBITDA: N/A

FFE: N/A

Inventory: 10,000

Year Established: 2019

DESCRIPTION:

The Company provides Hospital Home Care, Specialized Care, Daily Home Care, Respite Home Care, Advanced Care, and Hourly Home Care. The business has chosen to focus growth on senior care in private homes, assisted living communities, and independent living and assisted living facilities. Now more than ever, seniors are choosing to remain in their own homes as they age instead of moving into a retirement center or nursing home. Due to the dramatic increase in Baby Boomers retiring, a senior-in-home care agency promises to become one of the fastest growing industries around. 

This business is recognized as a community leader in delivering quality customer service and superior care, has an excellent reputation for serving clients, and is known for serving Veterans. The business has developed solid referral relationships with professionals within the health care industry and surrounding senior communities. 

The area of Bellevue operates in is an area that has approximately 21,000 adults over sixty. Seniors in Bellevue WA (over 65) account for over 14% of the general population. In addition, this business provides services to one of the most demographically attractive senior care markets in the U.S. 

The service market contains several large Healthcare Networks (VA, Various Assisted Living facilities, a variety of hospitals such as Kaiser Permanente and Tacoma Hospital) which include large hospitals. There are also senior centers, assisted living communities, nursing homes, memory care facilities, skilled nursing facilities, as well as Community programs and LTC insurance alliances. The location has established referral sources and 50+ hired and trained Caregivers on payroll. 

This business requires no prior home care/medical experience. Training, guidance & transitional support will be provided by the seller. The seller is willing to negotiate transition & ongoing training, as well as a consult after the sale. 

The location competes with other national and local businesses and sole proprietors providing home care services. Seniors who are 65 years and older comprise the primary market for the Company, as well as a smaller portion of younger adults with some form of disability or illness requiring assistance with daily living. Approximately 5% of clients have Long Term Care Insurance Benefits, and the rest are Private Pay and VA. 

The Business has several differentiating characteristics: 

  • Honesty and community service is a priority. 
  • Diversity of revenue streams. 
  • Potential for Medicaid certification soon. 
  • 24/7 Access: The Company has no answering service and answers inquiries to its service around the clock. 
  • Marketing: The Company has cultivated strong referral relationships.
  • Professional Referral network – B2B model that is value based not price based. 
  • Comprehensive Assessments: A more thorough assessment of clients’ needs than most competitors, offering comprehensive solutions based on deep community connections. 
  • Flexibility when delivering service to clients. 

The home-care industry has exploded with the aging population. Today, with 10,000 Americans turning 65 every day, the demand for senior care is ever increasing. The US senior population currently sits at approximately 50 million and by 2030, it is expected to swell to 81 million (Source: US Census Bureau). An estimated 70 percent of people over 65 will require home-care services at some point in their lives. The owner is selling to retire but will assist during a transitional period. The caregivers are a mix of W2 and 1099 and all office staff are 1099. All are available to work with the new owner.

LISTING DETAILS:
Total Sales: $853,381
Cash Flow: $281,121
Inventory: 10,000
Reason For Sale:

Retirement

Training & Support:

Excellent

OPERATION:
Year Established: 2019
Employees: 4 Office Staff including Director, Office Manager, Marketer, and RN and 50+ Caregivers
LOCATION:
Type of Location: Leased
Square Footage: 800 sqm.
Facilities Information:

9/2024 – has been in the same location for 4 years.

SUMMARY:
Competition:

Highly differentiated business

Potential Growth:

Excellent

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Bill Richardson

Phone: 213-820-4170
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