Issue link: http://deals.uberflip.com/i/1334236
Homecare Provider Multiple Revenue Streams Surging Market Demand from COVID-19 Located In Midwest US—Sale Price $1,250,000 Sign NDA ► 2021 Revenue Est. $2,300,000 2021 SDE Est. $400,000 DISCLAIMER: All information contained in this document has been provided by the subject company to Generational Equity and while believed to be correct has not been verified. Accordingly, Generational Equity makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that Generational Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Generational Equity of this document. At all times Generational Equity and its affiliate network members is an agent for the seller and not for the buyer. Generational Equity's fees are paid by the seller. Jon LePage Vice President - M&A Email: jlepage@generational.com Office: 972-232-1171 Generational Group 3400 N. Central Expy, Ste. 100 Richardson, TX 75082 Fax: 214-764-1364 BUSINESS HIGHLIGHTS Homecare is a recession-proof business as seniors will always need care and this well- established company has had consistent stability for well over a decade in an extraordinary growth industry that has only further been ignited by COVID-19 with the knowledge seniors feel, and are, safer at home. This non-medical homecare offers caregiving services as well as a Senior Clubhouse for Activities plus a Home Maintenance Program. This allows the business to be the first point of entry for potential clients so they get and keep their customers sooner and longer than any competitor can. It maintains an active base of 135 clients, and approximately 85% of revenue is derived from recurring active customer billings. The Company operates from a 6,000- square foot facility comprised of a beautiful clubhouse, agency office space, senior fitness studio, and caregiver training classroom. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 The Company's caregivers and personal care attendants are capable of providing the highest-quality care designed to fit each client's lifestyle and enable them to achieve their goal of aging in place. The Company offers a flexible model accepting clients within all ages and conditions as their needs to continue to evolve. During 2020, revenue was generated from homecare (95% of sales) and home maintenance (5%). COMPANY STATS: 6,000 Sq. Ft. Facility 125 Active Clients 70+ Employees 85% Customer Retention INVESTMENT APPEAL • Superior Name and Unique Approach: The Company has a strong reputation for its focus on excellent service and innovation in the senior living market, has knowledgeable and reliable personnel, and is known for high-quality non -medical homecare solutions. • Strong Client Relationships: The Company has strong ties to clients due to its ability to first build the relationship with its customers at their Senior Clubhouse and then keep them home for life by partnering with area medical providers to ensure seniors can age in place. Specifically, the company has approximately 135 active clients; and 70 + care takers who are assigned to clients in the home. The frequency of service ranges from once a week to 24/7 year-round care, which may last for years. • Growing Market for the Company's Services: The company is well ahead of the curve with its innovative solutions needed for the coming "Baby Boomer Tsunami" to meet their expectations. Traditional home care agencies rely primarily on the ability only provide care in the home so this company's niche over the competition appeals to them as the best value and long-term solution. • Unstoppable Demand: Senior care needs will reach an all-time high as that population will DOUBLE in size by 2030, making it the first time in history there are more seniors than children. Seniors will need care more than ever before and working adult children need help to care for their parents, especially since COVID everyone is afraid to live in facilities. GROWTH OPPORTUNITIES: COVID Fears Make Seniors Feel Safer at Home Aging Baby Boomers Expand Territory Revenue Trends #62385 PAYOR EXPANSION OPPORTUNITIES: Medicare Medicare Advantage Medicaid
