Opportunity of the Week

ESTABLISHED ARKANSAS SENIOR CARE COMPANY


  •   Company has a wonderful local reputation

  •   Company is a trusted resource for Arkansas Adult Protective Services 

  •   All clients are private pay (i.e. not Medicare)

  •   Turnover rate is 54% which is less than half of the industry standard  

  •   Company employs an RN who is the Director of Quality Assurance & supervises all LPNs

  •   SDE tripled from 2017 to 2018

  •   SDE on pace to grow an additional 40% in 2019

  •   Leadership has streamlined operations to help manage operational costs

  •   Additional growth is easily available with the expansion into Oklahoma.  

  •   Marketing efforts would help expand the growth of the company

  •   Potential Medicare changes would allow for larger client base

  •  Current owner willing to stay during transition period while new owner learns

  •  CBI Team Fort Smith-River Valley can help with financing through our Loans4Biz Program


Revenue

2016: $799,909 REV

2017: $942,260 REV

2018: $1,030,073 REV ($109,430 SDE)

2019 (YTD as of 3/31/19): $276,022 REV ($38,191 SDE)


Assets:

FF&E Value: $13,365 (Included in Asking Price)


Asking Price: $330,000


For more information about this listing contact Chad Dickinson at (479) 719-3468 or chad.dickinson@cbiteam.com


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