In-Home Personal Care for Older Adults – Sunnyvale

Sunnyvale, CA
Santa Clara County

Asking Price: Annual Revenue:
$1,525,000 $3,487,932

Services: Senior Living & Care, Assisted Living

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RE: In-Home Personal Care for Older Adults – Sunnyvale Broker: Steve Rayl

Quick Facts

Asking Price: $1,525,000
Annual Revenue: $3,487,932
Net Profit: Not Disclosed
Cash Flow: $496,430
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1997
Employees: 90
BBN Listing #: 207758523
Broker Reference #: OHG029270

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Business Overview:

California’s in-home senior care industry has proven to be among the most resilient due to its essential nature of keeping elderly loved ones safe at home. Demand continues to expand fueled by an unprecedented number of US seniors insistent on aging in place and families opting for the safer alternative of one on one care over group settings.

Having improved the quality of life for hundreds of families during its 23-year operating history, the Company has built a powerful word of mouth apparatus among current and existing clients and B2B referral providers. It also benefits from national advertising and high recognition of its trusted brand.

Whether out of pocket or from a long-term care policy, clients primarily self-pay for services. Most live on a fixed income and are not prone to swings in the job market or stock market making the business largely recession proof. The Company also serves veterans. The growing and protected service area comprised of two franchise units is home to more than 104,000 seniors placing it among the largest and most affluent senior populations within this nationally branded franchise network.

The current Managing Owner seeks to pass the torch to an accomplished, mission driven Manager with relevant experience and the leadership skills to preserve the Company’s compassionate care culture.

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Property Features and Assets:

Eight office staffers operate from a fully equipped, centrally located office in Sunnyvale. They market, coordinate care and support a workforce of approximately 80 directly employed, thoroughly screened, bonded and well-trained caregivers.

Market Competition and Expansion:

Competition/Market: Senior living assistance solutions include in-home and facility settings. The former is gaining substantial market share due to the premature death risk from infectious diseases like Covid. Growth and Expansion: The rising tide of future demand is being fueled by the 78M US baby boomers that turn 74 this year and their steadfastness to age in place as well as a shift from facilities to home.

Reason for Selling:

Downsizing in advance of 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.

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