Specifications. RE: Concierge In-Home Nursing Service $27,911 $446,446 $69,000. Nebraska. 1 RN, 1 LPN, 5 CNA s $69,777

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1 Business Overview RE: Concierge In-Home Nursing Service Specifications Price $69,000 Revenue $446,446 Cash Flow $27,911 Location Nebraska Profit Margin Employees 1 RN, 1 LPN, 5 CNA s Lease $1,890 Reason for Sale Starting a new business not related to this one Valuation $69,777

2 SUMMARY OF THE BUSINESS Exclusively private pay and long-term care insurance clientele are the backbone of this concierge in-home nursing service. For 24 years, this Nebraska-based company has been offering medical care, patient advocacy, personal care and more on a short-term or 24/7 basis. Known for its exceptional service, the company s nursing staff will accompany patients to medical appointments, and even travel out of state with a patient. This is not your average in-home nursing company, as no two patients needs are alike, and care is flexibly tailored to the client. On staff is an RN, who has a dual role of administrative, medical, and management duties. One LPN manages 5 CNA s, some of whom are also Medication Aides. All employees assist with clients, and are able to obtain licensing to work in other states when accompanying patients. The seller is also an RN who focuses mostly on ensuring customer service is above par. Having kept the company small to suit her needs, huge growth exists in no longer turning down clients. A buyer could also consider franchising the company to capitalize on the growing call for concierge medical care. This business is a perfect fit for an RN or concierge physician looking to change course and grow in an exciting niche of the medical field. However, you do not need to be an RN to own the company. Priced at $69,000, a buyer would be receiving a well-known company with an outstanding reputation, world-class employees, and great clientele. Business Highlights Years in Business: 24 Location and Service Area: Nebraska Clients: Private pay and long-term care insurance. No Medicare or Medicaid. Services: Medical care, patient advocacy, administer medications, personal care, meal prep and more. No chemotherapy administration. o Attend medical appointments with patients o Travel with patients Lease: 1,500 sq. ft. / $1,890/month Employees: 1 RN, 1 LPN, 5 CNA s Hours: 24/7 care, or for a few hours at a time Growth Opportunities: Don t turn down clients seller has chosen to keep the company small and has turned away a lot of business. Franchise a buyer could franchise the business. Financial Highlights List Price: $69, Gross Sales: $446,446

3 2017 Cash Flow: $27,911 Assets Included in Purchase: o Office furniture and fixtures o Intangible Assets exceptional reputation and exclusive clientele

4 Cash Flow Analysis Description of Financial Statement P&L Statement Jan - Dec Notes GROSS SALES $446,446 Net Income Shown on Financial Statement $15,335 ADDBACKS Interest $216 Non-onward going expense Insurance Premiums $12,360 Owner's & family's health & dental insurance TOTAL ADDBACKS $12,576 Seller's Cash Flow = Total Addbacks + Net Income $27,911 Profit Margin 6.25 % $446,446 in Gross Sales Lease Seller rents a 1,500-sq. ft. office space on a 3-year lease o Conference room, 3 offices, and storage for medical charts Lease payments are $1,890/month o Includes cleaning and utilities Services Patient Advocacy Sit in on medical appointments to ask important questions and keep track of answers Review medication list to make sure it s complete and accurate Coordinate with various health care providers to ensure everyone is on the same page Serve as a contact point to extended family and friends for progress updates Join patients in the hospital to review care regimen and charts, and speak with medical staff about a patient s concerns

5 Accompany patient anywhere and anytime Doctors appointments Diagnostic testing Outpatient therapy and procedures In-home care Schedule medical appointments and provide updates to physicians In-Home Care Services Medical Administer medications Catheterization and catheter care Subcutaneous insulin injections Wound care, including Wound Vac Therapy Eternal feeding, Bolus feeding, and accompanying residual checks and flushing Ventilator and tracheotomy care Clean catch specimen administration Skin assessment using Braden scale Pain management Peritoneal dialysis Full body assessment Care plan management Nutritional support and counseling IV administration, including assessment, flushing, and tubing changes Personal Care o Bathing, hygiene, and grooming o Skin, hair, and oral care o Meal preparation o Light housekeeping and basic cooking o Assistance with daily living activities, mobility, dressing, restroom assistance, and more Clients Private pay and long-term care insurance NO Medicare/Medicaid Exclusive clientele requiring 24/7 and flexible care Clients seek treatment for: o Recover from injuries or accidents

6 o Treatment for diabetes, cancer, MS, and more o Care and support for Alzheimer s and dementia Employees 5 CNA s Personal care Light housekeeping and basic cooking And more 1 LPN Administrative duties o Mange CNA s o Handle scheduling Medical duties o Administer medications o Catheterization o Feeding tubes o Order refill medication o And more 1 RN Administrative duties o Handles billing and payroll o Some scheduling Medical duties o Care plan management o Communication with physician o IV administration Including assessment, flushing, and tubing changes o Full body assessment

7 Growth Opportunities Don t turn down clients o The seller has intentionally kept the company small, and has turned away a lot of business Franchise o A buyer could explore franchising the company s concept o This is not your typical in-home medical and personal care company, and the exclusive nature of the clientele offers a lot of future growth Valuation Details The Firm Business Brokerage used a Cash Flow Valuation methodology to determine the Purchase Price of the business. The formula used is as follows: Cash Flow x Multiplier = Price Cash Flow is the sum of net income plus any owner perks and non-onward going expenses. Multiplier is a prescribed number between 1 and 5 determined by a 100-point, 20-question rating system used to determine the business valuation (average is 3). The Cash Flow for 2017 is $27,911, and the prescribed multiplier is 2.5. With this information, the computation result follows: $27,911 x 2.5 = $69,777 The List Price for the business is set at $69,000.

8 To receive a full financial package and specific information regarding this business: 1. Complete the Qualified Buyer Documents (Non-Disclosure Agreement and Buyer Questionnaire) on our website or print, scan and return the attachments to info@thefirmb2b.com 2. Call The Firm Business Brokerage at to schedule an appointment or conference call with a Broker. The Firm currently has over 90 cash flowing businesses available. If you find that this is not a fit for you, please let us know and we would be happy to provide you with other opportunities. The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Brokerage, LLC.