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Recession Resilient - Private Duty Homecare

Located in Northern Indiana. Sales have more than doubled over the last 4 yrs and are now nearly $2M. Owner benefit is more than $350k.

This well established, non-medical homecare company provides companion/personal care primarily to the elderly. Their annual revenue exceeds the combination of their two largest competitors. The payment source is household discretionary income such that the company does not rely on third party payor sources like medicare, medicaid and insurance companies. The company is recession resistance and health care reform resistant. Gross profit margins are 45% + and owner income margins are 15% +.

This business provides a cost effective alternative to institutionalized care. The service area is home to more than 60,000 seniors. Ideal owner operator is a hands-on, locally based manager with a strong desire to make a difference.