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Quick Facts
Asking Price: | $280,000 | |
Annual Revenue: | $526,884 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $118,962 | |
Total Debt: | Not Disclosed | |
FF&E: | $10,501 | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 43 | |
BBN Listing #: | 76014955 | |
Broker Reference #: | 2006-16737 |
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Business Overview:
As the population continues to age across the US, the need for home-based, non-medical care has never been greater. This home-based business is part of a national franchise that places qualified and vetted care givers into seniors' homes to help with everything from running errands to light housekeeping. They do NOT provide medical services. All customers are private-pay . . . no messing around with insurance companies!
Locally, this business has developed a stellar reputation throughout Central Virginia. More than 40 qualified caregivers are deployed across two franchise territories to serve the needs of our community. With the backing of a strong national franchise, this TURN KEY business with LOW OVERHEAD is perfect for someone passionate about helping seniors and making a real difference in their community. This essential business showed double-digit growth, even through the COVID 19 pandemic!
This sale includes TWO adjacent, protected franchise territories in affluent markets.
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Property Features and Assets:
Home based, but owner maintains a 'virtual' office for mail. Assets = $10,501.
Market Competition and Expansion:
There is no shortage of companies who provide home care services, but none have the proven workforce and solid reputation of this company. Importantly, this franchise is equipped with unique tools and training, and a uniquely built strategy which allows them to increase client retention and have an even stronger competitive advantage. This business contains 2 franchise territories in the most affluent areas in the region. As the population continues to grow, and age, there is ample opportunity to bring on additional caregivers and engage more seniors.
Reason for Selling:
Owner is retiring.
Additional Details:
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