Profitable In-home Care Franchise North Carolina

Hendersonville, NC
Henderson County


Asking Price: Annual Revenue:
$700,000 $1,323,000

Services: Senior Living & Care, Assisted Living


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RE: Profitable In-home Care Franchise North Carolina Broker: Roberta Caputo

Quick Facts

Asking Price: $700,000
Annual Revenue: $1,323,000
Net Profit: Not Disclosed
Cash Flow: $288,000
Total Debt: Not Disclosed
FF&E: $1,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 20
BBN Listing #: 8320344
Broker Reference #: 3755

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Business Overview:

Owner purchased this Franchise at this location in 2017. Business increased during 2020, and this year business has continued to grow, Owner is overwhelmed and looking to exit. People skills are essential in running a home care business.Understanding that this industry is a relationship business, and sales and marketing, operations, and financials are critical to master if you want a successful experience. A new owner needs the ability to manage caregivers and clients, while continuing to market for new clients and staff. Seller will train new buyer for 2 weeks post closing. As demand for services grows due to the increase in the senior target demographic, the number of enterprises is expected to grow. The franchise business model will continue to gain momentum, attracting entrants. The number of adults older than 65 is expected to grow, accelerating industry growth." Source: IBISWorld Industry at a Glance. Business is going through an SBA approval process. Buyers should qualify for an SBA loan

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Market Competition and Expansion:

For buyers—It is not an easy business to get into and also become successful. You must wear many hats and manage several areas. It is a relationship business; therefore, one should be good at relationship building, communication, etc. "The home care scales will tip toward franchising. Care management will be a hot topic.The demand for companionship services will continue to rise. Home care will become ‘the glue’ that holds new models, communities together. New labor battles will emerge. Disruptors, aggregators will look to capitalize on the pandemic." Source: "Top Home Care Trends for 2021" by Robert Holly, February 4, 2021, https://homehealthcarenews.com/2021/02/top-home-care-trends-for-2021/

Reason for Selling:

Starting New venture

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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