Seller's Contact Information
- RE: Home Based Personal Care For Older Adults – NM
- Contact: Bob Cahn
Quick Facts
Asking Price: | $5,760,000 | |
Annual Revenue: | $7,913,177 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,321,861 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2007 | |
Employees: | 175 | |
BBN Listing #: | 567958523 | |
Broker Reference #: | OHG128290 |
Business Overview:
Now more than ever, older adults and veterans aging in place need daily living assistance to remain safe and independent at home. As inactive caregivers return to work, this market leading provider of companionship and personal care is poised for high growth. Demand is being fueled by the oldest of the 80M baby boomers turning 77 this year and families opting for the safer alternative of one-on-one in-home care in managing life-threatening infectious diseases.
A highly effective office team coordinates personalized care primarily for clients that self-pay either out of pocket or with the help of Long-Term Care insurance. It directly employs more than 150 highly screened and thoroughly trained caregivers that deliver peace of mind to families and an improved quality of life for clients.
The Company has built a powerful client acquisition apparatus on an excellent reputation for reliability. New clients come primarily from recurring referrals within the health care community and word of mouth among consumers that have a great experience to share.
The current managing owner seeks to pass the torch to either a high fit investor-operator or an industry consolidator.
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Property Features and Assets:
The turnkey office is centrally located.
Market Competition and Expansion:
Senior living assistance solutions include in-home care and institutional settings like senior communities and nursing homes. In-Home Care is preferred by the vast majority of older adults and their loved ones. The largest segment of the US population is baby boomers, more than 80 million strong. In 2023, the oldest of these baby boomers reach age 77, the average life expectancy is the US. Most are financially prepared to age at home.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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