Seller's Contact Information
- RE: Prime Senior Care Selling $50,000 Under Appraisal
- Contact: Blue Stone Business Group
Quick Facts
Asking Price: | $750,000 | |
Annual Revenue: | $1,543,015 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $278,119 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2004 | |
Employees: | Not Disclosed | |
BBN Listing #: | 467755583 | |
Broker Reference #: | HI.NY.WILLIAMS |
Business Overview:
This is a MAJOR nationwide IN-HOME senior care FRANCHISE business selling for ONLY 2.7x Earnings! *The Wall Street Level Appraised Price was $800,000! The Current Listing Price is $750,000 – Translation – You Will Walk Into $50,000 in IMMEDIATE EQUITY Right Out of the Gate!
The business has been operating since 2004 and 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.
Additionally, most businesses in this industry (probably why they are in such demand) have been VERY Covid resistant and this location is no exception! In fact, due to so many issues with Assisted Living Facilities (lockouts, deaths) this business model has been overwhelmed and will likely stay this way for years and years to come…not that it wasn’t pre-covid. So, the takeaway here, is that THIS business model will likely be with us in perpetuity!
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Well-Established franchise. Modern, fully-equipped office. Quality caregivers, staff. Great service territory with thousands of seniors.
Market Competition and Expansion:
Franchise Business Review lists senior service businesses 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 years.
Reason for Selling:
Retiring from the industry
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:
Here are some of the similar listings you can choose from
Licensed Home Care Agency Medicaid Philadelphia PA
Homecare License is of a great value as it takes over a year (sometimes a few years) and $$$ in legal documents preparation, staffing, space, accounting, Policies and Procedures Manual approvals. Agency had also undergone State Department of Health licensing process and was issued Medicaid provider number.
Durable Medical Equipment License with Medicare
Unique Brand New License with Medicare Number!VERY DIFFICULT AND LENGTHY TO OBTAINSave money and time: government licensing fees for attorneys and consultants, rent expense while waiting, unpredictable disapproval risk.We provide you with all necessary surety bond/ general liability policies, Policies and Procedures Manuals and administrative forms.We have 24 years of experience in facilitating healthcare startups licensing across US
6-Bed Small Type-B Assisted Living Home
Attractive home. Very nice grounds with large outdoor area. Formerly operated as a 6 Bed Small Type B Assisted Living Home. License available for new qualified operator. Located in Corpus Christi in a neighborhood setting. This is an asset sale including all appliances. Buyer to furnish home.