Prime Senior Care Selling $50,000 Under Appraisal

Buffalo, NY
Erie County

Suburban


Asking Price: Annual Revenue:
$750,000 $1,543,015

Services: Senior Living & Care, Assisted Living


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RE: Prime Senior Care Selling $50,000 Under Appraisal Broker: 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

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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!

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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 a homebased business opportunity.
  • This is a franchise resale opportunity.

Relevant Links:

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