For Sale
$1,450,000

Confidential Milaca, MN 56353

Established, high-growth home healthcare provider

Overview

Added:
Dec 11, 2024
Days on market:
132
This thriving Minnesota-based home healthcare business is offered for sale at $1,450,000. Generating $2,313,148 in annual revenue and $511,560 in Seller's Discretionary Earnings (SDE), this established enterprise boasts a loyal client base and a fully staffed team of 48 employees (3 managers, 15 full-time, and 30 part-time). The business operates within an established Minnesota territory with a high population density, leveraging a national franchise model with excellent support and a proven track record of success. The current owner is retiring, offering a comprehensive 6-8 week training and transition period, negotiable to the buyer. Franchise headquarters is aware and supportive of the transition, subject to completing training, a $12,500 transfer fee, and signing a 10-year franchise agreement. An assumable office lease is included (CAM and utilities included). The business's success is attributed to responsive service and a well-trained first point of contact employee. Significant growth in 2024 resulted from activating VA clients and strategic revenue management to improve margins. While numerous competitors exist in the home healthcare market, this turnkey operation presents a unique opportunity for expansion or entry into the industry. Real estate is available separately for $575,000. This is a remarkable opportunity for an experienced operator or a new entrant seeking a profitable and established business.

Highlights

  • $1,450,000 asking price for a profitable Minnesota home healthcare business.
  • $2,313,148 annual revenue and $511,560 Seller's Discretionary Earnings (SDE).
  • Established business with 48 employees, loyal client base, and operating in a high-density population area.
  • National franchise model with strong support and proven success; current owner retiring, offering a 6-8 week transition period.
  • Assumable office lease included (CAM and utilities included); $12,500 franchise transfer fee and 10-year agreement required.
  • Real estate available separately for $575,000.

Property Details for 0 Confidential

Property type
Commercial real estate

Location Insight

City
Milaca
County
Mille Lacs
State
Minnesota
Latitude
45.8078372
Longitude
-93.649182

FAQs

What type of property is this?
Commercial real estate - Established, high-growth home healthcare provider
Where is the commercial real estate located?
The property is located at Confidential Milaca, MN.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: $1,450,000 asking price for a profitable Minnesota home healthcare business.; $2,313,148 annual revenue and $511,560 Seller's Discretionary Earnings (SDE).; Established business with 48 employees, loyal client base, and operating in a high-density population area.
How can I contact the broker?
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