Frequently Ask Questions

GENERAL QUESTIONS

Who is Good Care Ventures?

Experience matters, and at our organization, we pride ourselves on the strength of our partnerships. Our team of experts has a combined 20+ years of invaluable industry expertise in homecare services, our partners bring an unparalleled level of knowledge and understanding to the table. Working with us means gaining access to this wealth of experience, ensuring that our clients receive top-tier, informed, and innovative solutions. Our collaborative efforts with seasoned experts guarantee the highest quality of care and service, setting us apart as the optimal choice for all your homecare needs.

What is our business Model?

Our goal is to become your “Power Partner” to Accelerate homecare agencies growth through acquisition and investment.

Who is our ideal business client?

A. Business owners who seek to grow their enterprise but are challenged with tapping into its true potential.

B. Business owners who seek to sell to a trusted buyer that will protect their agency’s legacy & reputation they’ve worked hard to build.

C. Been in business for 5+ years

Minimum 300k + in annual EBITDA (Pre-Tax Profit)

AGENCY OPERATORS

I am interested in potentially selling How do I get started?

Take a moment to fill out the fact finding form above so we can have a productive meeting via zoom or phone call about your desires. We’ll schedule sometime to discuss your goals, needs, and how we can collaborate. This is a great opportunity for us to understand your vision and for you to learn more about what we offer.

This is a confidential and no pressure atmosphere. For your comfort level we are more than willing to sign a non-disclosure agreement.

Investors

Who can invest with Good Care Ventures?

Good Care Ventures works with both accredited and non-accredited investors.

What is the minimum investment?

The minimum investment is typically $50,000, although there are sometimes exceptions for lesser amounts.

What are the fees?

Good Care Ventures does not charge any fees. Each of our investments are set up to only include a split of the equity ownership. There are no acquisition, management, or disposition fees of any kind.

Can I invest with my IRA?

Investing with a self-directed IRA is a popular way to invest. We have worked with self-directed IRA in the past and can help assist you in the process. Two of our preferred self-directed IRA custodians are Equity Trust https://www.trustetc.com and Quest Trust Company (https://www.questtrustcompany.com/). Please be sure to discuss with your tax advisor if investing through a self-directed IRA makes sense for you.

How do I make money from my investment?

Investors make money from both the rental income that is received every month as well as the future sale and/or refinance of the property. This is based on your equity ownership in each particular investment.

How do I receive my profits?

Good Care Ventures strives to issue distributions to investors every quarter. We typically do not issue any distributions the 1 st quarter of owning the investment as we work to stabilize the asset.

How do I get my initial investment back?

Our business model is based on a 4-5 year hold period, at which time we look to
sell the business (typically through the operator exercising their purchase option) or refinance the asset to pull invested capital back out.

Is there a preferred return?

Good Care Ventures bases the ownership structure on an equity split between General Partners and Limited Partners and does not typically offer a preferred return. However, 100% of any cash-out refinance proceeds go directly to investors until their capital is returned before Good Care Ventures shares in any proceeds.

What documents need to be signed?

We will send out the investment package 2-3 weeks prior to closing on the investment. This will include the SEC compliance documents, Operating Agreement for the investment entity, and wiring instructions for closing. We are always available to talk through these documents over the phone to answer questions and provide guidance.

Will my name appear on the business?

No, solely the General Partners at Good Care Ventures will need to sign for the business. The names of individual investors will not be listed on the business and won’t need to submit an application or any financial documents to the lender.

Free 30 min Strategy Session

During our 30-minute call, I'll take the time to understand your current situation and offer effective growth strategy suggestions aimed at generating maximum value in your business.

SCHEDULE CALL NOW

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Nelly David
Managing Partner nelly.@.goodcareventures.com

301 S McDowell St Suite 125 Charlotte, NC 28204

(315) 376-7072