Owner Financing is Available
Business for Sale Overview:
This is a very profitable, established, well known In-Home Care business franchise. The franchisor has hundreds of territories and a great record and reputation. With over 50 caregiver employees, none of which are 1099s, this business mainly provides non-medical care to seniors in the Tampa area. The current new client intake conversion rate (client call-to-home visit-to-new contract) is about 20%. This is a result of the franchise infrastructure, reputation, knowledge, and implemented proven systems that are currently in place. Average revenue has been approx $1.7 million for 07, 08 and 09 (annualized). The company services approx 150 clients annually with approx 25 hrs per week of care per client. Given the facts that baby boomers have begun to retire, the elderly population will double over the next few decades, people are living longer, and health care costs are on the rise, this business should only get better over time. Contact us for a detailed Confidential Information Memorandum.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business is located in 1,500 sq. ft. leased office space in Tampa.
Market Competition and Expansion:
Relative to most competitors, this is a top franchise with national recognition. The franchise brings a proven system that has shown real results as are reflected in the financial statements of this company. More so than the rest of the country, Florida has a growing elderly population. The need for this type of care only grows as more and more people live into their eighties and nineties and more families are searching for ways to assist their aging parents. This business provides peace of mind to seniors and their families. This market has great potential and is very stable.
Reason for Selling:
Retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.