Sy Sebastianelli & Associates
Scranton, PA Business Brokers

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Personal Care Home

Scranton Area, Pennsylvania

Asking Price: Gross: Cash Flow:
$275,000 $102,000 $75,000

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Real Estate:
$0 (included in the asking price)

Business Summary:
Privately operated elder personal care home of 8 current residents. Business duties of meal preparation, medication dispensing, limited assistance, and household chores. Buyer must complete 100 hours of classroom training & pass written exam to become personal care administrator. Additionally, 20 hours per year of continuing education required. All residents are ambulatory. Home does not currently require over night staffing.

 
   
   
Year Business was Established: 1979
   
Number of Employees: 2  
   
Facilities / Terms of Lease: Six (6) bedroom home licensed by Pennsylvania Dept. Of Human Services included in sale of business.  
   
Potential Growth/Expansion: Up to an additional 4 residents possible. Business income is based on individual resident resources and therefore could be higher. Local current rates for moderately priced personal care homes vary between $1,800 to $2,200 or more per month.  
   
Owner willing to finance: Conventional  
   
Owner willing to train: Seller will train for 90 days  
   
Reason for selling: Other Business Interests  
 

 

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