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Senior Companionship Business (All Private Pay)

Monmouth County, NJ (Home-Based,)
Senior Companionship Business (All Private Pay)

Seller Financing Available

Asking Price : $ 125,000    
Cash Flow : $ 65,000    

Gross Revenue : $ 145,000    
Inventory : N/A    
FF&E: N/A    
Year Started: 2013    

Business Description

Well established, award winning business that has been servicing the unique in-home needs of senior citizens for over a decade. This business is fully staffed with 9 employees and a huge book of business. They are so busy and in such high demand that they often have to turn away customers. This business could easily be expanded but the current owner wants to sell and retire, not hire new employees at this stage in her life. However she will stay on for several months to properly train a new owner and introduce them to her many business contacts.

Run this business from your home office and claim all the tax benefits of owning a small business. Services provided include consulting seniors and their families on benefits and options available to them, in-home wellness checks, meal prep, grocery shopping, companionship and emotional support. Please understand this business is CURRENTLY non-medical, no Medicaid, Medicare, no insurance payment. ALL services are private pay and this is not a franchise. However, a younger, more energetic new owner could come in and convert this into an agency that accepts Medicaid, Medicare, and insurance, so the opportunity for growth is huge.

This is a greatly needed service that operates in an ever increasing demography so the demand for this type of help keeps growing and growing. You really have unlimited potential to grow this business by covering as much or as little territory as you want.

Only license needed and included in the sale is a NJ business license. There are no medical licenses because this is not a medical service company.

Detail Information

Location: Monmouth County, New Jersey

Inventory : Not Included in asking price

Furniture, Fixtures, & Equipment (FF&E): Included in asking price


Employees: 9

Year Established: 2013

Reason for Selling: Retirement


Financing Available?: Yes

Financing: $140,000 down, seller will finance the balance.

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