Established Senior Care Franchise In Sacramento

Sacramento, CA
Sacramento County


Asking Price: Annual Revenue:
$299,000 $600,000

Services: Senior Living & Care, Assisted Living


Request More Information
Contact the Seller

RE: Established Senior Care Franchise In Sacramento Broker: Seller of Business

Quick Facts

Asking Price: $299,000
Annual Revenue: $600,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 712955583
Broker Reference #: Not Disclosed

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

In-Home Senior Care / Medical Staffing franchise. The location has a solid staff, many accounts, excellent caregivers, and referral sources already In place.

Seller willing to carry a note.

The business encompasses TWO huge geographical service territories in Sacramento / Placer Counties with a growing population of thousands of seniors ages 65/75. Office relocatable.. Sale includes a fully-wrapped vehicle. Personal reasons are driving the sale and the seller is motivated.

The company provides in-home personal and companion care to seniors, including help with daily tasks such as light housework, meal prep, errands, transportation, medicine reminders, and other care.

If you come at this from a start up from scratch point of view (a location with zero sales) most owners who try this will end up having $150,000 of hard money out in franchise fees and working capital JUST to get this up to the break-even point. Let's say that another way…before the business puts $1.00 of PROFIT into the owners bank account an owner would have about $150k spent AND about 2 years of their life!!! If you can buy this location for about the price this is selling for you have absolutely scored big. It is sad that the seller is in this situation, but none of us can control the way life plays out. Take advantage of a good deal because it won’t last long at this price.

Many locations that we have sold with this brand have earnings of approx. 15%-27% of gross sales - Translation ---> At $636,000 in sales, if you run the business properly, you should be putting $90,000 to $162,000 in your pocket.

Note:
Liquid Capital Needed: At least $100,000 for the purchase.
Net Worth Needed: At least $250,000 in total Net Worth


No experience in medical industry is necessary. Extensive training and support provided by the franchisor. The owner's role is to market and build your business, expand and build relationships in the community, and manage a dedicated team of quality caregivers.

This business serves the rapidly growing $1.8 trillion healthcare industry. Two thirds of home care recipients are over the age of 65. Seniors represent the largest, wealthiest, and fastest growing market segment in the US. There are over 40 million people over the age of 65. Today, over 1.4 million Americans are receiving some form of home care. By the age of 85, nearly 50% need some support with everyday activities. Changes in fertility, women's labor force participation, and increases in the divorce rate have reduced ability to personally take care of older family members.

The U.S. Census Bureau shows that this is the fastest growing segment of the population today. In the year 2000, over 600 million people were over age 60. By the year 2025, there will be 1.2 billion in that age range and over 2 billion by 2050.

Non-disclosure agreement (NDA) is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place.

Gross revenue and cash flow approximate and stated by seller, 2018*. *All information, data, financials, valuations, appraisals, real estate values, etc. must be verified with the seller and buyers own professional advisors, CPA, etc. Buyers should always verify all information with the seller and their own independent advisors before putting any money at risk.

Contact us today. We will provide the short 3-minute online non-disclosure agreement via email. Be sure to check your spam/junk folders for our email.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Solid staff, many accounts, excellent caregivers, and referral sources already In place. The business encompasses TWO huge geographical service territories in Sacramento / Placer Counties with a growing population of thousands of seniors ages 65/75. The office is Relocatable. Sale includes a fully-wrapped vehicle as well.

Market Competition and Expansion:

The market for aging persons in need of home care and institutional clients is rapidly expanding. Already healthcare agencies are absolutely crucial to facilities lacking much needed staff. This trend will only continue considering the average age of the RN population. The average age of the RN population in March 2000 was estimated to be 45.2 years. In 2000, only 31.7% reported being under the age of 40. The most significant drop in numbers was seen among those RNs under the age of 35. In 1980, 40.5% of RNs were under the age of 35, compared to 18.3 percent in 2000. The RN population under 30 dropped from an estimated 25.1% in 1980 to only 9.1% in 2000 According to CNN, the baby boomers stand on the threshold of a big change. The oldest of them are nearing their 65th birthdays and their needs and wants are in flux. Their purchases will begin to revolve more around health care and housing than on rock and roll and athletic gear. Why is there a boom in the service area?--- Beyond elder care. An increasing number of the elderly couples and singles are living fulfilling lives on their own. As they age, however, they will require more and more services to help them deal with day-to-day living. Some of the most successful franchise businesses of the next few years will be ones that will provide cost-efficient services, both medical and non-medical, for the aging population of the United States. According to the U.S. census, between the years of 2000-2010, the population between the ages of 18-44 is decreasing 1%. The population between the ages of 45-54 is increasing 21%. However, the population of ages between 55-64 is increasing at 47%. People between the ages of 44-65 are the “New Customer Majority.” Their market is 45% larger than the 18-43 market and will be over 60% larger by 2010. According to David Wolfe and Robert Snyder in Ageless Marketing, “The New Customer Majority is the only adult market with realistic prospects for significant sales growth in dozens of product lines for thousands of companies.” The senior Care Environment--- Long-term Care Demand and Our Aging Population The market for long-term care is rapidly increasing which will increase the demand for our services in nursing homes, hospitals and private duty assignments. According to the U.S. Census Bureau, the elderly population (persons 65 years old and over) increased eleven-fold between 1900 and 1994; the non-elderly increased only threefold. Under the Census Bureau's middle series projections, the number of persons 65 years old and over would more than double by the middle of this century to 80 million (up from 33 million in 1994). By the year 2030, about 1 in 5 Americans will be elderly. The oldest old is the fastest growing segment of the elderly population. The oldest old (persons 85 years old and over) are a small but rapidly growing group, comprising just over 1% of the American population in 1994. From 1960 to 1994, this group increased 274% to 3.5 million, compared with an increase of 100% for persons 65 years old and over, and an increase of 45% for the total population. Overall, the oldest old were projected to be the fastest growing part of the elderly population as we entered this century and beyond. By 2020, the U.S. population over the age of 65 is projected to grow to 55 million while the population over the age of 85 is projected to increase by four times to over 13 million. As age increases, the need for long-term care also increases. Shortage of Nurses--- There is an acute shortage in the United States of registered nurses. A recent study published by the American Hospital Association states that the average age of a nurse is 45 years old and that less than 10% of all nurses are under the age of 30. This coupled with the dynamics of an aging population and increased government requirements for staffing at hospitals and nursing homes have created a substantial demand for our services. We believe that competition for qualified personnel will continue to increase and that our benefits and methods of "sharing the success" with our employees will make us an attractive employer in the marketplace and allow us to be the most attractive answer when individuals are looking for employment. Why Would Nurses Become Contract Workers Instead of Full-time Employees?--- Many nurses are switching from demanding shift positions in traditional settings to contract staffing. For a comparable salary and benefits, an employee has more flexibility and control over their schedule, vacations and holidays and less risk. Some nurses enjoy doing a variety of jobs in which they can use many of their skills and others prefer to use one specialty, contract work allows these options. Professional Licensure and Corporate Practice--- Nurses and other healthcare professionals employed by us are required to be individually licensed or certified under applicable state law and we will check with the state to ensure each license is valid and has no disciplinary action against it. Our comprehensive compliance program will be designed to ensure that all employees possess all necessary licenses and certifications and comply with all applicable state laws.

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:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!