In-Home Senior Care Provider, San Mateo, CA

San Mateo, CA
San Mateo County

San Mateo, CA


Asking Price: Annual Revenue:
$1,925,000 $3,614,654

Services: Senior Living & Care, Assisted Living


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RE: In-Home Senior Care Provider, San Mateo, CA Broker: Steve Rayl

Quick Facts

Asking Price: $1,925,000
Annual Revenue: $3,614,654
Net Profit: Not Disclosed
Cash Flow: $455,713
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2011
Employees: 100
BBN Listing #: 777358523
Broker Reference #: OHG023201

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Business Overview:

The high growth in-home personal care industry has proven its pandemic proof nature. More than ever, families need assistance in keeping vulnerable seniors safe. Demand for in-home personal care and living assistance continues to expand from the 79 million US baby boomers, the oldest of whom turn 75 this year. Most are steadfast in their intention to age in place. In addition, families are relocating their elderly loved ones back home from group settings to minimize risk of infectious diseases like Covid 19.

Having improved the quality of lives for hundreds of families, the Company has received numerous awards. It has built a powerful marketing apparatus in the form of ongoing client referrals from current and existing clients and B2B referrals from the medical, senior care and legal communities to name only a few.

More than 95% of clients “self-pay” for services either out of pocket or from a long-term care insurance policy. 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 protected service comprised of more than 160,000 seniors is one of the largest and most affluent within this national franchise network.

Current ownership seeks an accomplished aspiring Managing Owner to take the business to the next level while preserving its compassionate care culture and exceptional reputation.

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Property Features and Assets:

A high performance team of nine office staffers coordinate care from a fully equipped, centrally located office in San Mateo. Industry experience is not required. Comprehensive training and transition support will be provided by the Seller and franchisor.

Market Competition and Expansion:

Senior living assistance solutions include in-home care and facility settings like residential care communities and assisted living facilities. In-Home Care is preferred by the vast majority. As the oldest of the 78M Baby Boomers turn 75 in 2021, demand for in-home living assistance will continue to expand.

Reason for Selling:

Relocation

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.

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