Issue link: http://deals.uberflip.com/i/1531959
HOME HEALTH CARE SERVICES Located in Southern US Region #66454 Sign NDA ► 2024 Revenue Est. $2,900,000 2024 EBITDA Est. $254,000 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. Celeste Garner Senior M&A Advisor Email: cgarner@generational.com Office: 210-639-0020 Generational Group 3400 N. Central Expressway, Ste. 100 Richardson, TX 75080 Fax: 972-392-8564 BUSINESS HIGHLIGHTS: This Company provides personal care services to the aging and disabled; assisting clients with activities of daily living and enhancing their quality of life. The Company's mission is to provide quality personal assistance care to its patients that is affordable to all, with the comfort and convenience right at the patient's home. The Company provides at-home care and works with both Medicaid and private pay customers. The Company's compassionate and dedicated staff has more than 20 years of experience in home health. Its services include Companion Care, Respite Care, and Personal Care. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 COMPANY STATS Over 8 Yrs of Operations 136 active clients 14 FT & 126 PT employees INVESTMENT APPEAL: • Rising Gross Profit Trend: Throughout the historical period, gross profit increased from 82.9% of sales in 2022 to 83.4.9% of sales by the end of 2023. The Company has been able to efficiently control its cost throughout the historical period, demonstrating its ability to maximize profitability potential. • Recurring Revenue: The Company has a 95%+ client retention rate and the majority (70%) of its customers have their services paid through Medicaid – a very consistent and reliable revenue stream for the Company. • Attractive Market Demographics: Elderly adults comprise most home health care patients. Therefore, the rate of growth in these age groups affects demand for home care. The number of adults aged 65 and older is expected to increase in 2024. • Strong Net Working Capital: In 2023, the Company's unadjusted current assets were approximately $228,000 and current liabilities were $1,000, resulting in a Net Working Capital (NWC) of $227,000. A strong NWC provides a pool of resources from which the Company can draw for continued growth and a strong buffer to maintain operations in the event of various systematic and unsystematic risks. GROWTH OPPORTUNITY Expand to Tangential Markets Develop Sales/Marketing Geographic Expansion Pro Forma Statement of Income