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- RE: Appraised Price, Selling For ONLY 3.28x Earnings!
- Contact: Blue Stone
Quick Facts
Asking Price: | $1,910,000 | |
Annual Revenue: | $2,009,225 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $582,669 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2009 | |
Employees: | Not Disclosed | |
BBN Listing #: | 729655583 | |
Broker Reference #: | HW.VA.FAIR |
Business Overview:
THIS IS HIGHLY PROFITABLE IN-HOME SENIOR CARE BUSINESS (franchise) with a solid client base and a track record of solid earnings and sales! We have retired so many people out of this industry (with 1 million to 3 million dollars in their pocket) we can’t hardly even count them and it might as well be you too.
The business focuses on sending caregivers to a client’s personal home/residence to help them with daily life activities, such as light cleaning, food preparation, grocery shopping, walking with them and just basic companionship. The idea is to keep the individual in their own home rather than having to go into an Assisted Living Facility. This particular location has an INCREDIBLE reputation in the community for providing high quality in-home care - and we think when you dive into this further, you’ll agree with that assessment.
SALES / SDE HISTORY
2019: 940,968 / $236,248
2020: 959,356 / $158,159
2021: 1,369,604 / $261,035
2022: $1,885,428 / $554,111
2023: $12,009,225 / $582,669
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Property Features and Assets:
Well-Established. Modern, well-equipped, well-decorated offices. Quality caregivers. Huge service area with thousands of seniors.
Market Competition and Expansion:
Senior service businesses are in the TOP six recession-proof industries. The senior care industry is growing and will continue to grow with the senior population expecting to grow by 25% over the next 10 years.
Reason for Selling:
Retirement from industry.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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