Andrew Rogerson's Blog, page 34

Take the Cannoli and be a Wiseguy Selling your Medical Practice

There are several good reasons why physicians may contemplate the sale of their medical practice — some are personal, and some are business reasons. They are things like retirement, relocation out-of-state, increased stress, declining health, and lower reimbursement rates. One other reason: like Don Corelone in the classic motion picture, The Godfather, someone made them an offer they couldn’t refuse.

Whatever the reason for a physician opting to sell his or her practice, there are some important business issues to keep in mind during the process.

Valuation of a Physician Practice

It’s very common for business owners—including physicians—have a rationalized figure in their minds of what they believe is the value of their business. Without a doubt, there will be some level of emotion and subjectivity factored into what the physician sees as the worth of his or her medical practice. But you should be realistic with expectations. No one can tell today if all of your patients will stay with the practice after their favorite doctor of all time leaves. Business purchasers have an idea that there are benefits to buying an existing practice but also some risk. This is one reason that purchasers often opt to pay the purchase price over several months after closing and keep the former owner on as an independent contractor during the transition.

A big question in the sales process is the fair market value (“FMV”) of the medical practice. A FMV is based upon the practice’s tangible assets of a practice. This is furniture, fixtures, and equipment. Intangible assets and good will are harder to value.

There are several methods and factors to be analyzed when determining the value of a physician’s practice in preparation for sale. The value of a physician practice varies based on factors such as the percentage of revenue derived from private insurance, government insurance, and self-paying individuals (payer mix); referral sources; and whether or not the practice involves any ancillary services. The presence of one or more ancillary services can significantly increase the value of the practice and eventual purchase price by virtue of increased profit margins.

An experienced medical practice broker will help you address all of the important issues to make certain that as the selling physician you receive the best possible price for the sale of the practice. Further, you need to exercise care to avoid any actions that can reduce the value of the practice during the sale. Andrew Rogerson has years of experience to counsel doctors on the process.

Structuring the Sale of a Physician Practice

There are several options for structuring the sale of a physician’s practice. A lot has to do with the particular situation, such as liabilities, partners, and leases and other agreements. A physician can choose to sell stock in his or her practice, sell the assets, or in some instances, a combination of the two.

With the sale of stock in the practice, there’s less of a tax obligation on the purchase price. But buyers may be hesitant to commit to this type of arrangement due to the fact they assume responsibility for the practice’s liabilities. The trade-off with a stock purchase is that the buyer keeps all of the physician’s payer contracts and his or her tax ID number, which makes for a smoother and expedited transaction. On the other hand, with an asset purchase agreement, the physician must be very specific about what is part of the sale. For example, are the signed watercolors from award-winning local painter Woody Hansen in the lobby part of the deal, or are they excluded? If you’re packing them up and taking them with you, make sure that your business advisor stipulates this in the terms of the sales agreement. Selling all of the assets—or everything but the Hansen watercolors—is attractive to a buyer who sees this arrangement as an alternative to starting up his or her own medical practice. Some amount of intangible value can be justified for the lack of start-up costs, an experienced staff, established brand, medical equipment and fixtures, and a solid patient base and reputation.

Intangible Assets

Intangible assets can all be included in the sale of a physician practice along with the tangible ones; however, to avoid any problems, the final price can’t be overwhelmingly more than the practice’s fair market value. If it is, the government may be suspicious of an impermissible payment for patient referrals or patient brokering.

Contact an Expert: An Experienced Medical Practice Broker

Vito Corleone “spent his whole life trying not to be careless.” Physicians are also very meticulous about details and knowing where their skill sets end and when to call on a specialist. There are a host of other factors to consider before deciding to sell your medical practice. So “take the cannoli” and be smart about selling your medical practice. Work with a business advisor.

Don’t be afraid to ask for help, to ask questions, and be prepared. Your medical practice will sell for much more with help, which Andrew Rogerson is happy to provide. To discuss issues with selling a medical practice in the Sacramento area, please visit our websiteServices and choose from the drop down menu the information you’d like.

For more immediate help, please send an email to Andrew or call him at (916) 570-2674.

The post Take the Cannoli and be a Wiseguy Selling your Medical Practice appeared first on Sacramento Ca Business Broker | Rogerson Business Services by Andrew Rogerson.

For sale: Custom Home Design and Construction business near Sacramento, CA

Asking price:
$399,000
EBITDA:
Not Applicable
Rent per month:
$3,100


Gross Income:
$1,463,895
FF&E:
Included
Established:
2008


2014 Cash Flow or SDE:
$188,171
Inventory:
$0
Employees:
1

The owner and founder of this Custom Home Design and Construction business located in the Sacramento, CA area started this business 9 years ago or in 2007.

To date, the business has built over fifteen houses in various communities and locations in the Sierra Foothills.

Custom Home Design and Construction business for sale in Sacramento, CA

The strength and focus of the business is to attract customers that which to buy and build a custom home in the Sierra Foothills, Sacramento, CA area with the average house build contract being approximately $500,000.

This Custom Home Design and Construction business has been servicing the local community in Sacramento with particular focus on the Sierra Foothills cities including Auburn, Grass Valley, Placerville, Roseville and Rocklin.

Custom Home Design and Construction business points of interest

The many ways for the owner of this business to be successful. These include:

Able to offer over 100 new home designs for custom home buyers that can fit their most demanding needs.
Custom homes are a unique part of the market as you are dealing with home buyers that are discerning and successful; not the home buyer that is driven by price and meeting minimum standards.
A buyer, before making any final decision, is able to view a model and get a to understand the look and feel of a custom home and what and how it can be adapted to meet their tastes.
The typical customer is looking for a 2,500 to 3,000 SF home on ½ acre with an open floor plan. Additionally, they have normally owned several homes previously and are looking to downsize making them an educated financially rewarding customer to successfully work with.
The customer is able to obtain their own finance on their own but 95% of construction loans are completed with a local regional bank.
The business does not require any employees but part-time book-keeping or marketing assistance provides additional resources if the buyer so chooses.

In 2014, the gross revenue for the business per the owner’s tax return was $1,867,000 and for 2015 was $1,464,000. The owner net benefit or SDE (Sellers Discretionary Earnings) in 2014 was 1288,000 and for 2015 it is expecting to be $110,000.

Finance to buy this Custom Home and Design business.

If you hold the necessary license with the California Contractors License Board, finance is easily and readily available through a local SBA lender.   Additionally, if the circumstances make sense, you may be able to use your 401k retirement plan as a downpayment.

If you have questions about different finance options to buy this Custom Home Design and Construction business, please visit this web page for more information about finance to buy a business.

More information about this Custom Home Design and Construction business for sale in Sacramento, CA

To own and operate this Custom Home Design and Construction business, you will need a valid license with the California State Contractors License Board with a General B Contractors license.

If you have an interest to own and operate this very successful Custom Home Design and Construction business, give Andrew Rogerson a call on 916 570-2674 or please send an email to Andrew Rogerson.

Andrew will then send you a one-page executive summary of the practice and a Non-Disclosure Agreement to sign and return.

Once Andrew receives your signed Non-Disclosure Agreement he will send a link to a secure website where you can download a set of confidential information about this Custom Home Design and Construction business.

Free guide to buy a business

My goal is to be as helpful as possible and so this link connects to a page on my website with a one-page summary of the many steps to buy a business.

If you would prefer information with more details, you are welcome to click the following link to download a free 14 page eBook called Guide to buy a business. and an abbreviated version of one of the four books I’ve written.

Sell your Custom Home Design and Construction business

Perhaps you are reading about this opportunity and already own a business in the Custom Home Design and Construction industry and are thinking about selling it. There are many steps to sell a business.

If you are thinking of selling your Custom Home Design and Construction business and would like some general information, visit the following link on Andrew’s website: Sell a business in California.

The post For sale: Custom Home Design and Construction business near Sacramento, CA appeared first on Sacramento Ca Business Broker | Rogerson Business Services by Andrew Rogerson.

For sale: Residential HVAC business for sale Sacramento, CA

Asking price:
$1,399,000
EBITDA:
N/A
Rent per month:
$2,500


Gross Income:
$3,382,000
FF&E:
Included
Established:
2008


Cash Flow or SDE:
$492,000
Inventory:
$10,000
Employees:
18

The owner and founder of this Residential HVAC business located in the Sacramento, CA area started this business 8 years ago or in 2008.

In 2001, he started out working by himself from a small office, answering service calls and offering in-home consultations. As the business grew, he expanded the space, employee base and offerings and now it is time for him to do something different.

The founder grew up in the foothills of California and initially garnered most industry experience by working for large companies in the Sacramento, CA area.

Over the last few years, this residential HVAC business has seen enormous growth and the owner sees the best years ahead for the business while more home owners migrate to solar and other energy efficient options.

Residential HVAC business for sale in Sacramento, CA

Today, the business has built its own 3,000 square foot shop that houses all of the business activities and 10 employees to keep things running smoothly.

The focus of the owner has been to hire the right people with the right ethics and integrity so it reflects well on the business. This extends to his team of the comfort advisors, installers, and administrative staff.

Today the company specializes in updating heating and air equipment with new high efficiency equipment and services and repairs any major brand.

This Residential HVAC business has been servicing the local community in Sacramento with particular focus on the counties of Sacramento, Yolo, Placer and El Dorado Hills.

Residential HVAC business for sale points of interest

The many successes of this Residential HVACs business and these include:

The companies range of products and services. These include Home Performance, Attic Insulation, Weatherization, Ductwork and Indoor Air Quality.
The company works within SMUD’s Home Performance Program to save home owners money from leaking energy and helping homeowners save by seeing if they qualify for SMUD rebates.
They also help home owners who use PG&E and help them learn about programs available for your energy-efficient products and appliances.
To help homeowners understand their home energy savings, the company offers a comprehensive energy evaluation. It is their first step toward transforming their home into a more energy efficient and comfortable environment.
Statistics show that 85% of a home’s heat loss happens straight up through the attic space which is one of the reasons this company offers a home attic insulation service.
The company also looks at weatherization which means preparing the home to withstand temperature changes and extreme conditions from outside.
About 85% of the customers are residential single family home owners and 15% light commercial, multifamily, government.
The company has its own telemarketing center for scheduling appointments for new and existing customers.

Finance to buy this Residential HVAC business

If you hold the necessary license with the California Contractors License Board, finance is easily and readily available through a local SBA lender as they have already reviewed the performance of the business and provided a Preapproval letter. Additionally, if the circumstances make sense, you may be able to use your 401k retirement plan as a downpayment.

If you have questions about different finance options to buy this Residential HVAC business, please visit this web page for more information about finance to buy a business.

More information about this Residential HVAC business for sale in Sacramento, CA

To own and operate this Residential HVAC business, you will need a valid license with the California State Contractors License Board with a C20 license.

If you have an interest to own and operate this very successful Residential HVAC business, give Andrew Rogerson a call on 916 570-2674 or please send an email to Andrew Rogerson.

Andrew will then send you a one-page executive summary of the practice and a Non-Disclosure Agreement to sign and return.

Once Andrew receives your signed Non-Disclosure Agreement he will send a link to a secure website where you can download a set of confidential information about this Residential HVAC business.

Free guide to buy a business

My goal is to be as helpful as possible and so this link connects to a page on my website with a one-page summary of the many steps to buy a business.

If you would prefer information with more details, you are welcome to click the following link to download a free 14 page eBook called Guide to buy a business. and an abbreviated version of one of the four books I’ve written.

Sell your Residential HVAC business

Perhaps you are reading about this opportunity and already own a business in the Residential HVAC industry and are thinking about selling it. There are many steps to sell a business.

If you are thinking of selling your Residential HVAC business and would like some general information, visit the following link on Andrew’s website: Sell a business in California.

The post For sale: Residential HVAC business for sale Sacramento, CA appeared first on Sacramento Ca Business Broker | Rogerson Business Services by Andrew Rogerson.

For sale: Commercial HVAC Business in Sacramento, CA

Asking price:
$369,000
EBITDA:
N/A
Rent per month:
$1,200


Gross Income:
$361,000
FF&E:
Included
Established:
1985


Cash Flow or SDE:
$166,417
Inventory:
$5,000
Employees:
1

The owner of this Commercial HVAC business located in Sacramento, CA started this business 31 years ago or in 1985 and now it is time to retire.

During the course of his working career, he has built and operated this wonderful commercial HVAC with one exceptionally well trained and motivated employee. To allow the business to operate at the highest standards, the business focuses and keeps things simple allowing the owner to earn not only a high income, but personal time to do the things he enjoys; which is not sitting behind a desk or working all day out in the field.

Commercial HVAC business for sale in Sacramento, CA

The company provides a range of services in the commercial HVAC industry. These services include:

Air conditioning,
Heating,
Heat pumps,
Energy Management,
Computer rooms

This Commercial HVAC business has been servicing the local community in Sacramento with particular focus on the counties of Sacramento, Yolo, Placer and El Dorado Hills.

This focus presents an opportunity for a new and enthusiastic buyer as the business has strong foundations in the local Sacramento area and could easily expand with a little sales and marketing; which the current owner has not been doing.

Commercial HVAC business points of interest

The many successes of this Commercial HVACs business and these include:

The owner also owns the real estate the business operates from. This only adds to the money he makes as he’s not paying rent, plus keeps everything at a high standard so time is not wasted fixing unproductive problems. The real estate is for purchase at a separate price to the business of $130,000. The real estate is located in a light industrial manufacturing area off I-80 between Sacramento, CA and Roseville, CA.
The business is open from 7.30am to 4,00pm Monday through Friday only and is closed on weekends.
Being a business established in the same market for 31 + years, the business has an incredibly strong reputation.
The purchase price includes a list of quality fixtures, furniture and equipment that are necessary to be successful in the commercial HVAC business.

In 2015, the gross revenue for the business per the owners tax return was $361,913 and for 2016 the gross revenue is expecting to be approximately the same. The owner net benefit or SDE (Sellers Discretionary Earnings) in 2015 was $166,417 and for 2016 it is expecting to be $170,000.

Finance to buy this Commercial HVAC business

If you hold the necessary license with the California Contractors License Board, finance is easily and readily available through a local SBA lender as they have already reviewed the performance of the business and provided a Preapproval letter. Additionally, if the circumstances make sense, you may be able to use your 401k retirement plan as a downpayment.

If you have questions about different finance options to buy this Commercial HVAC business, please visit this web page for more information about finance to buy a business.

More information about this Commercial HVAC business for sale in Sacramento, CA

To own and operate this Commercial HVAC business, you will need a valid license with the California State Contractors License Board with a C20 license.

If you have an interest to own and operate this very successful Commercial HVAC business, give Andrew Rogerson a call on 916 570-2674 or please send an email to Andrew Rogerson.

Andrew will then send you a one-page executive summary of the practice and a Non-Disclosure Agreement to sign and return.

Once Andrew receives your signed Non-Disclosure Agreement he will send a link to a secure website where you can download a set of confidential information about this Commercial HVAC business.

Free guide to buy a business

My goal is to be as helpful as possible and so this link connects to a page on my website with a one-page summary of the many steps to buy a business.

If you would prefer information with more details, you are welcome to click the following link to download a free 14 page eBook called Guide to buy a business. and an abbreviated version of one of the four books I’ve written.

Sell your Commercial HVAC business

Perhaps you are reading about this opportunity and already own a business in the Commercial HVAC industry and are thinking about selling it. There are many steps to sell a business.

If you are thinking of selling your Commercial HVAC business and would like some general information, visit the following link on Andrew’s website: Sell a business in California.

The post For sale: Commercial HVAC Business in Sacramento, CA appeared first on Sacramento Ca Business Broker | Rogerson Business Services by Andrew Rogerson.

For sale: Endocrinology practice Ventura County, CA

Asking price:
$255,000
EBITDA:
N/A
Rent per month:
$2,400


Gross Income:
$460,182
FF&E:
Included
Established:
1997


Cash Flow or SDE:
$251,828
Inventory:
$50,000
Employees:
3

A very long established Endocrinology practice is now for sale in Ventura County in Southern California. This practice is located in one of the most desirable cities to live in Ventura County and is located in between Los Angeles and Santa Barbara. It’s also nestled against the beautiful Santa Monica Mountains, home to excellent schools, outstanding parks and a myriad of shopping opportunities.

Endocrinology practice for sale Ventura County, CA

The Endocrinology practice was first established in 1995 by the current doctor and he’s operated the practice ever since.

This is an exceptionally hassle-free endocrinology practice with the doctor only working about 16 hours per week for the last 10 years when he cancelled his contracts with PPOs. The practice since then is cash-basis except for Medicare patients, does not take Medicaid, any HMOs and no Obamacare.

About 90% of patients are seen for endocrinology and about 10% internal medicine.

The doctor does not make house calls and his weekends are free.

The buyer of the Endocrinology practice will need a doctor licensed with the California Medical Board as the current doctor will also be retiring.

California Endocrinology practice points of interest

The practice specializes in Endocrinology and includes the following areas of expertise:

Thyroid
Diabetes
Parathyroid
Osteoporosis
Metabolic Syndrome
Polycystic Ovary Syndrome and other Endocrine Disorders
Vitamin D

In 2015, the gross revenue for the business was $460,182 and for 2016 the gross revenue is projected to be about the same.

The owner net benefit or SDE (Sellers Discretionary Earnings) in 2015 from the tax returns was $251,828 and for 2016 it is projected to be a little higher.

The asking price for the practice is $255,000 plus $50,000 in inventory for the vitamins the doctor has made for him. The practice sells about $13,000 in vitamins per month.

Finance to buy this Endocrinology practice

If you hold the necessary license with the California Medical Board, finance is easily and readily available through local SBA lenders.

If you have questions about finance to buy this Endocrinology practice, please give Andrew a call on (916) 570-2674 so he can help you and introduce you to appropriate third-party lenders. Do it now while you are thinking about it.

Buy this Endocrinology practice

90% of the patients travel to this Endocrinology practice less than 20 miles to see the doctor with some patients travelling from parts of Southern California to receive a second opinion.

100% of patients make an appointment with the practice averaging 50 patients per week including 5 new patients per week.

Approximately 25% of new patients are a direct referral from previous patients and 25% of new patients are from professional colleague referrals.

If you have an interest to own and operate this very successful Endocrinology practice, please send an email to Andrew Rogerson or give me a call on above phone number.

Andrew will then send you a one-page executive summary of the practice and a Non-Disclosure Agreement to sign and return.

Once Andrew receives this from you he will send a link to a secure website where you can download a set of confidential information about this Endocrinology practice.

Sell your Medical Practice

Perhaps you are reading about this opportunity and already own a medical practice and are thinking about selling it?

There are many steps to buy or sell a medical practice. If you are thinking of selling your medical practice and would like some general information, visit the following link on Andrew’s website: Sell a medical practice in California.

The post For sale: Endocrinology practice Ventura County, CA appeared first on Sacramento Ca Business Broker | Rogerson Business Services by Andrew Rogerson.

For sale: Kitchen and Bath Design business in Sacramento, CA

Asking price:
$499,000
EBITDA:
N/A
Rent per month:
$2,100


Gross Income:
$1,472,483
FF&E:
Included
Established:
1984


Cash Flow or SDE:
$209,452
Inventory:
$5,000
Employees:
9

The current owner of this Kitchen and Bath Design business located in Sacramento, CA started this business in 1984 or 32 years ago and now it is time to retire.

During the course of his working career, he has built and operated a wonderful kitchen and design business with exceptionally well trained and motivated employees.

To allow the business to operate at the highest standards, all processes and procedures are written down and constantly reviewed. For the owner of the business, this allows him to delegate and not be the center of the business.

Kitchen and Bath Design business for sale in Sacramento, CA

This kitchen and bath design business has been servicing the local community in Sacramento with particular focus on East Sacramento, The Pocket and downtown Sacramento. That is, the primary customer base is within 10 miles of the location of the business. This approach provides easy access to customers and little time lost in getting to and from job assignments.

This focus presents an opportunity for a new and enthusiastic buyer as the business has strong foundations and could easily expand into other local areas such as Granite Bay, Folsom, Roseville, Davis and other local counties including Yolo, El Dorado, Placer and more.

Kitchen and Bath Design business points of interest

The many successes of this kitchen and bath design business includes:

A set of written processes and procedures. A great time saver for a new owner as clear instructions for employees on delivering and maintaining high standards are already in place.
Being a business established in the same market for 32 + years, they have an incredibly strong reputation in the areas most likely wanting remodeling services as they are already delivering in that area.
The business has displayed for all to see, countless awards and industry recognition for the consistent quality of the work they have done.
The purchase price includes 5 computers, industry software, printers and employees with the necessary skillset to allow the business to be successful.
A quality showroom the owner has built over the years. As soon as a potential customer walks into the business, they see quality products, photos, showrooms and offices which also encourage the employees to work at the highest level.
The owner tracks all customer inquiries from initial contact to final job delivery. Each customer name is then collected and used on a very effective marketing document as the list is shown to potential new customers who when viewing the list, always see names of people they know and can call to validate the quality of the work performed by this business.
The purchase includes a detailed and rigorous new employee qualification hiring process. This includes documents and procedures to make sure the key role of hiring is done at the highest level.
In 2015, the gross revenue for the business was $1,472,000 and for 2016 the gross revenue is expecting to be approximately $1,800,000. The owner net benefit or SDE (Sellers Discretionary Earnings) in 2015 was $209,452 and for 2016 it is expecting to be $250,000.

Finance to buy this Kitchen and Bath Design business

If you hold the necessary license with the California Contractors License Board, finance is easily and readily available through a local SBA lender as they have already reviewed the performance of the business and provided a Preapproval letter. Additionally, if the circumstances make sense, you may be able to use your 401k retirement plan as a downpayment.

If you have questions about different finance options to buy this Kitchen and Bath Design business, please visit this web page for more information about finance to buy a business.

More information about this Kitchen and Bath Design business for sale in Sacramento, CA

To own and operate this Kitchens and Baths Design business, you will need a valid license with the California State Contractors License Board with a General B license.

If you have an interest to own and operate this very successful Kitchens and Baths Design business, give Andrew Rogerson a call on 916 570-2674 or please send an email to Andrew Rogerson.

Andrew will then send you a one-page executive summary of the practice and a Non-Disclosure Agreement to sign and return.

Once Andrew receives your signed Non-Disclosure Agreement he will send a link to a secure website where you can download a set of confidential information about this Kitchens and Baths Design business.

Free guide to buy a business

My goal is to be as helpful as possible and so this link connects to a page on my website with a one-page summary of the many steps to buy a business.

If you would prefer information with more details, you are welcome to click the following link to download a free 14 page eBook called Guide to buy a business. and an abbreviated version of one of the four books I’ve written.

Sell your Kitchen and Bath Design business

Perhaps you are reading about this opportunity and already own a business in the Kitchen and Bath Design industry and are thinking about selling it. There are many steps to sell a business.

If you are thinking of selling your Kitchen and Bath Design business and would like some general information, visit the following link on Andrew’s website: Sell a business in California.

The post For sale: Kitchen and Bath Design business in Sacramento, CA appeared first on Sacramento Ca Business Broker | Rogerson Business Services by Andrew Rogerson.

For sale: Seniors Home Care business Sacramento, CA

Asking price:
$199,000
EBITDA:
N/A
Rent per month:
Not Applicable


Gross Income:
$363,149
FF&E:
Included
Established:
2010


Cash Flow or SDE:
$80,410
Inventory:
N/A
Employees:
25

The current owner of this Seniors Home Care business located in Sacramento, CA took over the business in March 2015 to add it to another business she owns and operates.

However, with two young children and relocating away from Sacramento, CA she is now looking for a buyer so she can simplify her family and business life.

Seniors Home Care business in Sacramento, CA

The current owner of the business only works about 5 hours per week and has an Office Manager who works about 15 hours per week.   That is, the business is able to run and maintain itself with about 20 hour’s attention per week. A buyer willing to work and grow the business could do so much more.

Due to the simplicity of the business, it can easily be owned and operated by one person and out of their home. That is, this is a perfect home based business.

Seniors Home Care business points of interest

This Seniors Home Care business provides professional In-Home Care and Life Enrichment services.

These services include providing professional care to assist with:

Dementia and Alzheimer’s Care
Companionship and Enriching Activities
Meal Planning and Preparation
Medication Reminders
Transportation to Medical Appointments
Help with Prescribed Exercises
Light Housekeeping
Personal Care and Grooming and more

In 2015, the gross revenue for the business was $363,000 and for 2016 the gross revenue is expected to be approximately $550,000. The owner net benefit or SDE (Sellers Discretionary Earnings) in 2015 was $80,550 and for 2016 it is expecting to be $105,000.

Finance to buy this Seniors Home Care business

If you hold the necessary license with the California Department of Health Services, finance is easily and readily available through local SBA lenders or if the circumstances make sense, you may be able to use your 401k retirement plan.

If you have questions about different finance options to buy this Seniors Home Care business, please visit this web page for more information about finance to buy a business.

More information about this Seniors Home Care business in Sacramento, CA

This Seniors Home Care business has been servicing the immediate community in Sacramento County and Placer County and also draws its customers from nearby Yolo and El Dorado counties.

To own and operate this Seniors Home Care business, you will need a valid license with the California Department of Health Services and it is not too complicated to obtain as this business is already credentialed.

If you have an interest to own and operate this very successful Seniors Home Care business, give Andrew Rogerson a call on 916 570-2674 or please send an email to Andrew Rogerson.

Andrew will then send you a one-page executive summary of the practice and a Non-Disclosure Agreement to sign and return.

Once Andrew receives your signed Non-Disclosure Agreement he will send a link to a secure website where you can download a set of confidential information about this Seniors Home Care business.

My goal is to be as helpful as possible and this link connects to a page on my website with a one-page summary of the many steps to buy a business.

If you would prefer information with more details, you are welcome to click the following link to download a free 14 page eBook called Guide to buy a business. and an abbreviated version of one of the four books I’ve written.

Sell your Seniors Home Care business

Perhaps you are reading about this opportunity and already own a business in the Seniors Home Care industry and are thinking about selling it. There are many steps to sell a business.

If you are thinking of selling your Seniors Home Care business and would like some general information, visit the following link on Andrew’s website: Sell a business in California.

The post For sale: Seniors Home Care business Sacramento, CA appeared first on Sacramento Ca Business Broker | Rogerson Business Services by Andrew Rogerson.

For sale Seniors Home Care business Sacramento, CA

The current owner of this Seniors Home Care business located in Sacramento, CA took over the business in March 2015 to add it to another business she owns and operates.

However, two young children and relocating away from Sacramento, CA now encourages to look for a buyer so she can simplify her family and business life.

Seniors Home Care business in Sacramento, CA

The current owner of the business only works about 5 hours per week in the business and has an Office Manager spend about 15 hours per week on this business. That is, the business is able to run and maintain itself with about 20 hour’s attention per week. A buyer willing to work and grow the business could do so much more.

Due to the simplicity of the business, it can easily be owned and operated by one person and out of their home. That is, this is a perfect home based business.

Seniors Home Care business points of interest

This Seniors Home Care business provides professional In-Home Care and Life Enrichment services.

These services include providing professional care provides to assist those with:

Dementia and Alzheimer’s Care
Companionship and Enriching Activities
Meal Planning and Preparation
Medication Reminders
Transportation to Medical Appointments
Help with Prescribed Exercises
Light Housekeeping
Personal Care and Grooming and more

In 2015, the gross revenue for the business was $363,000 and for 2016 the gross revenue is expecting to be approximately $550,000. The owner net benefit or SDE (Sellers Discretionary Earnings) in 2015 was $80,550 and for 2016 it is expecting to be $105,000.

Finance to buy this Seniors Home Care business

If you hold the necessary license with the California Department of Health Services, finance is easily and readily available through local SBA lenders or if the circumstances make sense, you may be able to use your 401k retirement plan.

If you have questions about different finance options to buy this Seniors Home Care business, please visit this web page for more information about finance to buy a business.

More information about this Seniors Home Care business in Sacramento, CA

This Seniors Home Care business has been servicing the immediate community in Sacramento County and Placer County and also draws its customers from nearby Yolo and El Dorado counties.

To own and operate this Seniors Home Care business, you will need a valid license with the California Department of Health Services and it is not too complicated to obtain as this business is already credentialed.

If you have an interest to own and operate this very successful Seniors Home Care business, give Andrew Rogerson a call on 916 570-2674 or please send an email to Andrew Rogerson.

Andrew will then send you a one-page executive summary of the practice and a Non-Disclosure Agreement to sign and return.

Once Andrew receives your signed Non-Disclosure Agreement he will send a link to a secure website where you can download a set of confidential information about this Seniors Home Care business.

My goal is to be as helpful as possible and so if this helps you:

This link connects to a page on my website with a one-page summary of the the many steps to buy a business.

If you would prefer information with more details, you are welcome to click the following link to download a free 14 page eBook called Guide to buy a business. and an abbreviated version of one of the four books I’ve written.

Sell your Seniors Home Care business

Perhaps you are reading about this opportunity and already own a business in the Seniors Home Care industry and are thinking about selling it. There are many steps to sell a business.

If you are thinking of selling your Seniors Home Care business and would like some general information, visit the following link on Andrew’s website: Sell a business in California.

The post For sale Seniors Home Care business Sacramento, CA appeared first on Sacramento Ca Business Broker | Rogerson Business Services by Andrew Rogerson.

Learn from Other Owners Selling Your Business

One the byproducts of the experiences of other business owners who have attempted to complete the sale of their business and run into difficulties, is the learnings that others can glean from those negotiations. A wise business owner who is looking to sell his or her company in 2016 can do two valuable things: work with an experienced business broker and take advantage of the opportunity to learn from peers who have tried and failed or—better yet—have sold their business successfully in the recent past.

The International Business Broker Association (IBBA) and M&A Source, along with Pepperdine University did a survey of survey of 250 respondents concerning businesses marketed and sold in the U.S. The survey research looked at businesses listed for sale and sold during the second quarter of 2014 with a value up to $2 million and those with a value between $2 million and $50 million.

Grow the Size of Your Business

Online Services is the currently the exception rather than the rule in business valuation when selling. You shouldn’t have unrealistic expectations and don’t expect your business to be valued by a buyer much above the normal EBITDA Multiple ranges that are customary to businesses similar in size to yours. Research does, however, show that if you grow the size of your business, its perceived value by purchasers will increase. For example, growing a business to a $5 million valuation will go a long way towards achieving that goal. The IBBA survey showed that there weren’t any buyers asking for seller financing when the purchase price of the company was more than $5 million. However, businesses with purchase prices from $500,000 to $1 million, about 20% of the buyers needed the seller to accept partial payment in a Seller’s Note Receivable.

Business sales with purchase prices from $5 million to $50 million continue to have a large number of earn outs. Adding an earn out agreement, which is a type of a contingency payment, into the contract terms may occur because the buyer and seller need to bridge the valuation gap. It’s paid by the buyer to the seller when specific predefined post-closing events (performance targets) are achieved. This can be especially helpful when the business is growing quickly.

Most Acquisitions by First Time Business Buyers

It’s interesting to note that the IBBA survey showed that first-time buyers lead all other types of business buyers during the Q2 of 2014 for businesses under $1 million and those from $2 million to $5 million in valuation. Strategic buyers made up the majority of the sector of businesses valued between $1 million and $2 million, and 50% of all businesses valued between $5 million and $50 million were acquired by private equity firms. The rest in that purchase price range consisted evenly of strategic buyers and existing business owners who were looking for additional new business opportunities.

The survey results emphasize the notion that first time business buyers may not possess the business savvy and financial education, in addition to relevant business experience, to consider the myriad of details and pitfalls in the purchase process, due diligence, and negotiations. An experienced business broker will advise a prospective business purchaser of all of the nuances and caveats of private business financial reporting. With this in mind, a seller should also have a veteran broker to support his or her side of the deal. A knowledgeable business advisor can eliminate much of the uncertainty and anxiety for a business seller. Think of it like going to court and representing yourself, when the opposition has hired a big gun from the most prestigious law firm in town. Level the playing field and partner with a business broker to streamline the entire process and best prepare the business for a favorable result in a sale and increase the chances of closing the deal.

Seller Mistakes that Blew the Deal

Here’s an incredible statistic: 78% of the deals valued at less than $500,000 terminated without closing during 2014 Q2. The IBBA survey compiled a list of the biggest mistakes sellers made that hurt their chances of successfully completing the sale.

Those mistakes included the following:

Unrealistic Seller Expectations;
Poor Financial Recordkeeping;
Slow Business Sales;
Delaying Too Long in Selling; and
The Seller’s Emotional Ties to the Business Causing Him/Her Not Let Go.

Learning from other business owners means getting advice about the true fair market value of the business right away and considering the amount of time and effort it takes to promote the business for sale and close the deal. Business owners can cut this amount of time and effort significantly by engaging an experienced business broker, who will assist in the organization of financial records and securing a third-party business valuation. This will greatly improve the likelihood of closing the sale of your business.

It’s ok, and actually quite smart, to ask for help, to ask questions, and be as prepared as you can be for the sales process. Your business will sell for much more with experienced help, which Andrew Rogerson is happy to provide. To discuss issues with selling a business in the Sacramento area, please visit our website Services and choose from the drop down menu the information you’d like.

For more immediate help, please send an email to Andrew or call him at (916) 570-2674.

The post Learn from Other Owners Selling Your Business appeared first on Sacramento Ca Business Broker | Rogerson Business Services by Andrew Rogerson.

For sale: Family Medical Center near Fresno, CA

Asking price:
$250,000
EBITDA:
N/A
Rent per month:
$1,800


Gross Income:
$637,180
FF&E:
Included
Established:
1970


2015 Cash Flow or SDE:
$262,0001
Inventory:
$10,000
Employees:
8

A very long established Family Medical Center is now for sale near Fresno, CA. To be more exact, the Family Medical Center is about a 20-minute drive south of Fresno, CA in a wonderful small city and its located in the main street and has been there for many years. The city is a great place to raise young children to slow down from the hectic city living of Southern California or from the San Francisco Bay Area.

Family Medical Center for sale near Fresno, CA

This Family Medical Center was first established in 1970 by the owner’s husband while she took over running the center in about 1999 and has been running it ever since. It’s now time for her to slow down … just a little … and spend some time with her grandchildren.

The current owner is a Nurse Practitioner while the Family Medical Center has a doctor to review and sign off all charts to meet the necessary California Medical Board requirements as well as Medicare etc.

The buyer of the Family Medical Center will need a doctor licensed with the California Medical Board as the current doctor will also be retiring.

California Family Medical Center points of interest

Approximately 100% of patients make appointments.
From 2013 to 2015 the Center has achieved gross revenue of over $550,000 per annum.
After all expenses, the owner benefit averages approximately $180,000 per annum.
The Center focus is to serve the local community many of which are agricultural workers and their immediate family members.
The Center has approximately 2,320 active patients and gets between 10 to 15 new patients per week. There are approximately 4,152 patient files on record.
The  Center sees about 130 patients per week and approximately 90% of the patients travel less than 20 miles to come to the center.
The Center is run from a main street location in about a 2,100 square foot building.  The owner of the Center also owns the real estate and is willing to sell it as a separate transaction if that’s what a buyer would like to do.
The Center is open 5 days per week- Monday through Friday from 8.30am to 5.00pm.
The Center has 6 Full-time employees and 2 Part-time employees.
The Center has 7 examination rooms, 7 consultation rooms, 6 nurse stations, one lab, a 16 chair waiting room, a medical records filing area and more.
The Center is located in a very clean, stable and low crime area of town.
The price to buy this Center is $250,000.
The real estate the Center practices from is also available as a separate transaction.

Finance to buy this Family Medical Center near Fresno, CA

If you hold the necessary license with the California Medical Board, finance is easily and readily available through local SBA lenders.

If you have questions about finance to buy this Family Medical Center, please reach out to Andrew so he can help you and introduce you to appropriate third-party lenders.

More information about this Family Medical Center near Fresno, CA

This Family Medical Center has been servicing the families of its immediate community in Fresno County and also draws patients from nearby counties such as King County and Tulare County.

If you have an interest to own and operate this very successful Family Medical Center, please send an email to Andrew Rogerson or give Andrew call on (916) 570-2674.

Andrew will then send you a one-page executive summary of the practice and a Non-Disclosure Agreement to sign and return.

Once Andrew receives this from you he will send a link to a secure website where you can download a set of confidential information about this Family Medical Center.

Finance to buy a Family Medical Center or in fact, any medical, dental or veterinary practice is readily available. If you have questions about finance, you can also give Andrew a call on 916 570-2674. Do it now while you are thinking about it.

Sell your Medical Practice

Perhaps you are reading about this opportunity and already own a medical practice and are thinking about selling it?

There are many steps to buy or sell a medical practice. If you are thinking of selling your medical practice and would like some general information, visit the following link on Andrew’s website: Sell a medical practice in California.

The post For sale: Family Medical Center near Fresno, CA appeared first on Sacramento Ca Business Broker | Rogerson Business Services by Andrew Rogerson.