Business Description

This thriving home care agency caters to a specialized disabled population, benefitting from higher hourly rates provided by the Department of Health and Department of Developmental Services. With a clientele of 60 individuals, the agency is licensed to serve all counties in Connecticut and operates out of an impressive 11,000 sq ft facility built three years ago at a cost of $300,000. The agency offers non-medical care services, conducts initial assessments by a Director of Nursing, and has the potential to expand its reach statewide, including providing Adult Family Caregiving services. In addition to serving a high-demand niche market, the agency benefits from fully integrated software support provided by the state, including grants to cover certain operational expenses due to its specialized service focus. The owners are seeking a buyer with at least $1 million in liquid funds and relevant senior care experience, positioning the agency for continued success and growth. Projected to achieve a gross revenue of $2.74 million and net income of $700,