Confidential Milaca, MN 56353

Property Details for 0 Confidential

Property type

Commercial real estate

Description

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.

Location Insight

City

Milaca

County

Mille Lacs

State

Minnesota

Longitude

-93.6492

Latitude

45.8078