Established Senior Care w/Strong Cash Flow

Lorain, OH
Lorain County

High-density retail area with ample parking


Asking Price: Annual Revenue:
$1,100,000 $1,320,000

Services: Senior Living & Care, Assisted Living


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RE: Established Senior Care w/Strong Cash Flow Broker: Daniel Hayes

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $1,320,000
Net Profit: Not Disclosed
Cash Flow: $331,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 65
BBN Listing #: 294151600
Broker Reference #: Not Disclosed

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Business Overview:

This well-managed, profitable and cash flow positive, non-medical home care company is part of a nationally recognized, top-rated franchise brand and has been serving one of the most demographically attractive senior care markets in the Country for over 8 years. Working out of a single office, the business serves the cities of Avon, Avon Lake, North Ridgeville, Elyria, Lorain, Huron, Sandusky, Sheffield, Sheffield Village, Vermilion, Amherst, and Oberlin, including the zip codes 44001, 44011, 44012, 44035, 44039, 44052, 44053, 44054, 44055, 44089, 44839, and 44870

The company offers affordable services for seniors and their families who require assistance with meal preparation, medication reminders, bathing or personal cares, grocery shopping, light housekeeping, errands, Alzheimer's care, or companionship in order to remain happily & safely in their homes. The business office is fully staffed with a Staffing Coordinator, Sales & Marketing Liaison, Client Care Manager and Recruitment/Training Coordinator.

The Business comes with established National referral sources, a database of over 500 local referral sources, and 65+ Caregivers, hired, trained, and on payroll. The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities.

This business requires no prior home care/medical experience. Training, guidance & ongoing support will be provided by the Franchisor & the seller is willing to negotiate transition & ongoing training, as well as a Consultant role after the sale.

• High Gross Profit Margins
• Non-Medical Services
• Large, Exclusive Territory
• Family friendly business hours, Mon - Fri, 9 - 5
• National franchise with strong marketing, training and support
• Inventory and Assets, FF&E included.
• Proprietary Technology & Software
• Rigorous Caregiver Recruitment Process
• Ongoing Specialized Caregiver Training

Ownership of the 1907 sq.ft. office-condo is included with the sale

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:

This Office-Condo is located in a high-density retail area with ample parking. Office is situated between two major hospitals and is only 30 minutes to Cleveland and 20 minutes to Hopkins airport.

Market Competition and Expansion:

This franchise is a Top-Tier Brand with national recognition and owns one of the most demographically attractive senior care markets in the Country. It has a territory population of 326,510; 10x the size of the average Senior Care franchise territory

Reason for Selling:

Personal

Additional Details:

  • The property is owned.
  • 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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