, Texas 7 views 0 favorites
This unique opportunity connects Therapists and Professionals to Home Care Agencies providing physical, occupational, speech therapy and social services for the home bound patient. They provide distinct advantages to both the therapists and the home health agencies. For the therapists, the Company not only arranges for patient visits close to their locations, but also takes away the administrative burdens. In other words, Therapists can focus on what they love most - helping patients. For the home health agencies, they are comforted in the knowledge that the therapists working with their patients have all been carefully vetted by the Company. Largely due to its well-known unparalleled customer service, This business has experienced an increased amount of the coveted word-of-mouth referral business. Their steady flow of referrals is also the result of tireless efforts on the part of the owners to consistently stay in touch with their existing customers. This business is positioned for a a very strong growth potential. There was a steady top line growth rate until the beginning of the COVID pandemic outbreak. They had a sharp dip in revenues in 2020 but the Run Rates in the last four months of 2020 was over 4% higher than in 2019 and they are poised to increase further in 2021 as the COVID pandemic subsides. - Highly profitable and Strong Growth potential - Opportunity to increase revenues by an average of 20% in the next three years. - Profits are projected to increase by over 25% per year over the next three years. - Experienced Employees and therapists. - Due to superb customer service, the company has a very high retention rate with their home health agencies. - Very realistic and "do-able" plans identified for even greater growth Location: Parker County, Texas Year Established: 2017 Number of Employees: 7 FT 2 PT Real Estate: Leased Building Sq. Ft.: 725 Rent: $1,300.00 Per Month Facilities: Operates in a 725 s.f. office. The monthly rent is $1300 ($15,600 annually). The lease includes insurance, maintenance and taxes. The current lease expires on January 31, 2022 and there is an option to renew. Market Outlook/ Competition: Unique niche of providing support to Therapist and Home Services separates this business from competition . Growth & Expansion: The owners have identified specific steps and activities in a business plan to increase revenues and profits over 20% for the next three years. Business Strengths: 1. Unsurpassed customer service 2. Low overhead 3. Streamlined and time-tested processes 4. The company utilizes preferred contractors/clinicians. 5. Experienced and loyal employees
Listed: Apr 18, 2022
Updated: 6 hours ago
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