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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Texas Businesses For Sale Categories   >>   

Fast Growing Elderly Care Biz - Owner Will Finance Half

Location  Texas,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1025000
Net Profit / Cash Flow  $300000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2001
Number of Employees  50 - 99
Inventory  25000
Relocatable  Not Disclosed
Number of Employees  50 - 99
Real Estate  Leased
Training  The current owner will train a new owner as needed.
Reason for Sale  Owner lives out of the area and wants to focus on another business.
Description  Ask price only $700K! Sales have tripled in just over two and a half years at this company and are likely to grow close to another 50% this year! This elderly care business is taking advantage of one of the obvious demographic shifts in our country. While the current owner has done well growing the business, there is still much more room to run with this company. With the heavy lifting over with, this business is primed for the next owner to take it to the next level. Sales were just over $1m in 2012 with cash flow of $249k. Sales should approach $1.5m in 2013 with cash flow of $400k, as the past few months are already approaching that run rate. While there are other companies in this industry, this business has a strategic edge in that it has been around for a long time and has a name within the industry. The business is firing on all cylinders now and is primed to reap the rewards of the Baby Boomers' aging process. As mentioned, sales have tripled in the past two and a half years with more growth on the way. With not only the greater Austin area growing at a rapid pace, this company has primed the pump when it comes to referral sources sending in new business to this business. As with many businesses, part of this growth is due to doing the right thing by the customer and hiring a very competent staff.
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