In Home Senior Care, Lender Ready, Appraised Price

Business Overview:

Highly Sought After Successful In-Home Senior Care business (franchise resale) with a long successful history of helping seniors stay in their homes by taking care of some of their basic “life” needs. This is a solid location doing well now with a LOT of upside potential. The current margin is running a bit low at around 16%, but we know (because we’ve sold other locations in this area) that the margin could and should be as high as 30%. Our last NJ sale doing the same work was dropping 30% of sales to the discretionary earnings! If you were to apply that to this location’s 2024 sales, it should be making around $378k for earnings! Clearly there are things that need to be done to make this work out to that % but we have resources, besides the franchisor, that can help get those percentages up in a much better place. Take a look at our profile and “thought experiment” and see if you agree with our assessments. Bottom line, we see this location with a lot of money left on the table.
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Property Features and Assets:

Well-Established franchise resale. Located in a modern, fully-equipped, well-decorated office space, with quality caregivers, and office staff. Two huge service territories with thousands of seniors.

Market Competition and Expansion:

Competition:

Senior service businesses are in the TOP six recession-proof industries. The senior care industry is growing and will continue to grow with the senior population expecting to grow by 25% over the next 10-plus years.

Growth & Expansion:

Oversee the business on a daily basis, oversee staff, sales, marketing. Implement aggressive marketing/advertising strategies. Build referral sources. Build community relationships. Diversify services. Attend industry trade shows. Join business associations/chambers. Follow the franchise system.

Reason for Selling:

Additional Details:

Relevant Links:

• View more New Jersey businesses for sale
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• Find a business broker