Profitable Home Care Business for Sale in Bangor, Maine

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Financial Details

Asking Price:
$750,000
Annual Revenue:
$2,371,000
Cash Flow / SDE:
$236,000
Profit Metric:
Seller's Discretionary Earnings
Valuation Multiple:
3.2x
Location:
Bangor, ME, US
Source:
Date:
September 15, 2025

Key Highlights

Award-winning, profitable home care franchise with 9 years of operation in Bangor, ME.
Strong market demand driven by a growing senior population and baby boomers, with significant growth potential.
Fully staffed, established operations with a dedicated team and caregiver workforce, ready for new ownership.

Description

This is a well-established and profitable home care business located in the Bangor, Maine metropolitan area, offered for sale by MGM HomeCare Acquisitions. With 9 years of operation, this franchise has built an award-winning reputation for providing compassionate and professional essential services. These services include personal care, home care, Alzheimer's and Dementia care, end-of-life support, companion care, palliative care, and respite care, enabling seniors and veterans to age in place with dignity. The business boasts a fully equipped office and a dedicated team of 5 office staffers coordinating care for clients, supported by a workforce of 65 thoroughly screened and trained caregivers. The retiring founders are seeking a capable successor to continue the company's mission of prioritizing senior well-being. The ideal buyer should possess relevant management experience, a strong credit score (700+), and the ability to invest personal equity. The market outlook is strong, with a robust and growing senior population (45,000, growing at 25-35%), a high livability score, and an established referral network, positioning the business for significant growth. Opportunities for expansion include outreach to the lower two-thirds of the territory. Transition support includes franchisor training and 10 years of seller operating experience. Seller financing is available, and $50,000 in working capital is included in the asking price.

Industry Information

Industry Description:
Home Care Business
Classification:
Health Care & Fitness

Operational Snapshot

Year Established:
2016
Employees:
70
Reason for Selling:
Retirement

Real Estate & Lease

Status:
Not_disclosed

Broker Contact

Name:
Michael McGrath
Company:
MGM HomeCare

Listing Details

Listing ID:
023f0f64-d7a3-4eb6-821f-23f23dddc727
Source Listing ID:
2410190
Deal Status:
For Sale
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

Franchise Opportunity This listing is explicitly mentioned as a franchise opportunity. Franchise
Quality Verified This listing meets our quality criteria and standards. Verified