Award Winning In-Home Senior Care - North Shore MA

Not Disclosed, MA

North Shore, MA


Asking Price: Annual Revenue:
$1,425,000 $2,641,898

Services: Senior Living & Care, Assisted Living


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RE: Award Winning In-Home Senior Care - North Shore MA Broker: Steve Rayl

Quick Facts

Asking Price: $1,425,000
Annual Revenue: $2,641,898
Net Profit: Not Disclosed
Cash Flow: $350,278
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 100
BBN Listing #: 772458523
Broker Reference #: OHG126040

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Business Overview:

In-home assisted living services for seniors is among the most resilient industries in the nation. Despite the pandemic and associated economic contraction, this award-winning home care company continues to thrive. Revenue in 2021 has increased more than 20% while earnings have grown more than 80%. With more than 70,000 seniors within the affluent service area, the franchise is well positioned for ongoing growth especially amid the baby boomer population reaching its golden years.

The company coordinates non-clinical, compassionate care for seniors and veterans, enabling them to age in place with dignity and grace. Most clients self-pay for services. As such, the Company is not beholden to contractual pricing set by bureaucrats or insurance companies.

The company culture is centered around Purpose, Passion and Profit. The purpose is to keep seniors safe at home. The passion is an office team and caregiver workforce that loves what they do. The profit is an unapologetic pursuit of high margins that enable top notch care. The company is exceptionally profitable.

The Company seeks a high fit, aspiring Managing Owner to take it to the next level, enabling the current Managing Owner’s retirement.

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Property Features and Assets:

A high performance team of 8 office staffers coordinate care from a fully equipped, centrally located office.

Market Competition and Expansion:

Competition/Market: 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, especially post Covid. Growth and Expansion: By 2030, all 79M US Baby Boomers will be age 65 or older.

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 may become a franchise resale opportunity.

Relevant Links:

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