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- RE: MA: Established - Top Brand - Senior Care
- Contact: Blue Stone
Quick Facts
Asking Price: | $295,000 | |
Annual Revenue: | $1,410,844 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $126,875 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | Not Disclosed | |
BBN Listing #: | 939329 | |
Broker Reference #: | VA.MA.SPRING |
Business Overview:
HIGHLIGHTS: HIGHLY SOUGHT AFTER BUSINESS MODEL - IN-HOME SENIOR CARE (franchise resale). This is one of THE top franchise brands doing IN-HOME senior care in the nation and with non-stop TV advertising. In fact, you’ve probably seen their ads this week. The company has Many active clients and a great roster of high-quality caregivers, as well as trained/seasoned staff. The business focuses on sending caregivers to a client’s personal home/residence to help them with daily life activities, such as light cleaning, food preparation, grocery shopping, walking with them and just basic companionship. The idea is to keep the individual in their own home rather than having to go into an Assisted Living Facility. *PRICES/SDE ARE REFLECTIVE OF A TWO YEAR (2022/2023) 50/50 WEIGHTED AVERAGE
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Property Features and Assets:
Established office. Staff and caregivers.
Market Competition and Expansion:
NOTE TO BUYERS: The seller has gone through some deep personal issues that has unfortunately left the company struggling to find its way -- Leading to a very good deal for you. Because we specialize in this business model, we’ve identified several areas to correct, which, with your sleeves rolled up, we believe will lead this company to a solid upward growth trend and a profit margin that should start to drop about $253,000 (vs the weighted avg. $126k) in earnings for you without an increase in sales. We figure that with these changes made directly, you could see the $253,000 this year and that would make this deal about a 1x multiple (anything under 2x is usually a steal). Have a conversation with us and see if you agree.
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
Relevant Links:
- View more Massachusetts businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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