Assisted Living at Home – Personal Care Provider

Tolland, CT
Tolland County

Northeast Connecticut


Asking Price: Annual Revenue:
$850,000 $2,537,572

Services: Senior Living & Care, Assisted Living


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RE: Assisted Living at Home – Personal Care Provider Broker: Bob Cahn

Quick Facts

Asking Price: $850,000
Annual Revenue: $2,537,572
Net Profit: Not Disclosed
Cash Flow: $307,099
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2009
Employees: 80
BBN Listing #: 338658523
Broker Reference #: OHG225140

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Business Overview:

The future of healthcare and wellness is in the home. This nationally branded franchise provider of in-home care for older adults is exceptionally well positioned for growth amid ever-expanding demand from aging baby boomers and families intent on keeping their elderly loved ones safe at home.

The retiring owner seeks an aspiring Managing Owner to purchase the Company, preserve its compassionate care culture, and take it to the next level. The ideal next owner is one with relevant management experience and a style conducive to leading a purpose driven organization.

Serving Connecticut families in and around Tolland, a highly effective off team coordinates customized care among a caregiver workforce of more than 65 well-trained, directly employed, compassionate caregivers. Revenue is generated primarily from self-pay clients that either pay out of pocket or with the help of long-term care insurance and secondarily from veterans with home care benefits.

The protected service area is comprised of a growing senior population, currently 50,000. Most will need paid home care to age in place with dignity and grace.

With its high brand awareness, excellent reputation and recurring referrals, the franchise is poised to be lifted with the rising tide of demand.

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Property Features and Assets:

A high performance office team coordinates care from a fully equipped, centrally located office.

Market Competition and Expansion:

Senior living assistance solutions include in-home care and facility settings like residential care communities and assisted living facilities. In-Home Care is preferred by the vast majority. In less than ten years, all 83M US Baby Boomers will be age 65 or older. The industry refers to this as the “Silver Tsunami.”

Reason for Selling:

Retirement

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.

Relevant Links:

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