Assisted Senior Living at Home - Houston

Houston, TX
Harris County

Asking Price: Annual Revenue:
$1,465,000 $1,545,000

Services: Senior Living & Care, Assisted Living

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RE: Assisted Senior Living at Home - Houston Broker: Jenny Martin

Quick Facts

Asking Price: $1,465,000
Annual Revenue: $1,545,000
Net Profit: Not Disclosed
Cash Flow: $345,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1997
Employees: 70
BBN Listing #: 759158523
Broker Reference #: OHG916211

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Business Overview:

Given the essential nature of home care, providers have weathered the Covid storm well. They are expected to be stronger than ever as one on one in-home senior care becomes the clear choice among families seeking to protect their elderly loved ones from infectious disease risk.

This particular home care provider is built on its unique ability to match reliable and compatible caregivers with elderly clients that need help to remain safe and sound in the comfort of their homes.

Most of the growing elderly population of more than 124,000 seniors within this exceptionally large franchise service area intends to remain at home for as long as possible and many will need extra protection from the virus threat.

The current out of town owner seeks an accomplished Managing Owner with relevant experience to purchase and penetrate this large market while preserving the company’s compassionate care culture centered around “purpose, passion and profit.”

Ongoing client flow is enabled by a powerful referral apparatus among families and businesses as well as by the Company’s national digital platform.

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Property Features and Assets:

Five office staffers operate from a fully equipped, centrally located office in Houston. They support a workforce of more than 50 directly employed, thoroughly screened and well-trained caregivers.

Market Competition and Expansion:

Competition/Market: Senior Care alternatives to in-home care include group settings like nursing homes and skilled nursing facilities. Home care is the preferred option and often the lowest cost. Trusted, nationally branded providers have a distinct awareness and reputational advantage. Growth and Expansion: The “Silver Tsunami” is coming as the oldest of the 78M US baby boomers turn 74 this year. Many don’t need home care today, but most will in the future.

Reason for Selling:

Divestiture of out of town franchise unit.

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.

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