Essential Senior Home Care Franchise-Kennewick, WA

Kennewick, WA

Asking Price: Annual Revenue:
$3,175,000 $4,000,000

Services: Senior Living & Care, Assisted Living

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RE: Essential Senior Home Care Franchise-Kennewick, WA Broker: Steve Rayl

Quick Facts

Asking Price: $3,175,000
Annual Revenue: $4,000,000
Net Profit: Not Disclosed
Cash Flow: $810,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 120
BBN Listing #: 570758523
Broker Reference #: OHG121110

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Business Overview:

Despite the disruptive pandemic, this senior home care provider of choice is setting new revenue and earnings records each month. The Company is riding the wave of expanding demand for one on one, non-clinical home care services and from being widely known as the safer alternative to community care settings in preventing premature death from infectious diseases.

With a workforce of more than 100 compassionate caregivers, the company coordinates companionship, personal care and daily living assistance for veterans and the elderly. Approximately 85% of revenue is generated from clients that pay out of pocket. As such, the Company is not beholden to insurance companies and government bureaucrats.

The company culture is centered around Purpose, Passion and Profit. The purpose is for clients to age in place with grace. 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 a premium provider and exceptionally profitable.

Current ownership seeks an aspiring Managing Owner to acquire and operate the company, preserving its unique legacy while keeping it on the growth track.

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Property Features and Assets:

A high performance team of 8 office staffers coordinate care from a fully equipped, centrally located 2,700 sq. ft. 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. Growth and Expansion: In less than ten years, all 79M US Baby Boomers will be age 65 or older. The industry refers to this as the “Silver Tsunami.”

Reason for Selling:

Career downsizing

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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