Home Care Business in New Jersey: $70K, 10.5-Month ROI

Featured on BusinessForSale.com . 32 viewed

Asking Price

$700,000

FOR SALE - ACTIVE

Detailed Information

Location

Mercer County, New Jersey, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

This successful business in NJ requires only a 10% down payment ($70,000) for purchase, with lender approval already in place. By earning $86,000 in the first year after repaying the loan, you can recoup your initial investment within 10.5 months. The business focuses on assisting people in New Jersey to safely live at home while preserving their independence and dignity, embodying a commitment to the well-being of their clients. The team consists of dedicated healthcare professionals who prioritize safety and care. Key facts about this business include accreditation with distinction by CAHC for over 22 years, contracts with all 5 Managed Care Organizations, and prompt reimbursement within about 10 days of billing in most cases. With a longstanding history of handling long-term cases and 46 staffed employees, this business is not a franchise, allowing the new owner the freedom to expand to different areas as desired. The owners, who have been in business for 28 years, oversee operations without major advertising

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