Senior Care, Appraised Price - Seller Financing

Business Overview:

HIGHLY SOUGHT AFTER Senior Care business (Resale). The seller is willing to do significant financing for a well-qualified buyer.

This non-medical in-home senior care FRANCHISE (similar to franchises like Visiting Angles or Home Instead) has three (3) seriously important (beneficial) elements about it, for you as a buyer:

1. LONGEVITY: The location has been a round for 17+ years and is well established with a great reputation!

2. GROWTH POTENTIAL: The location is only doing non-medical work currently, but you could get a skilled license too and start doing VA work as well, and this business could do a lot more with an even better margin.

3. MARGIN IMPROVEMENT: The current margin is running lower than most we see in this industry. We see an improvement in the margin by at least 5% points (probably in the first year) which would add almost $60k more a year to the profitability (getting you closer to $212k in SDE). What is more…we know the areas that will help increase this margin for you on day one, as we sell 10 to 18 of these businesses a year!

Finally (and this is important), this location is very popular with a great geographic area it operates in, and several current franchise owners have expressed interest in buying it, which turns out to be less expensive for the seller (if it’s bought internally) in terms of costs, so you’ll likely need to act soon. Just say’n.

THE COMPANY: 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.

THE BRAND: The franchise brand is one of THE best in the Nation with Hundreds of locations and excellent-comprehensive training and support.

POSSIBLE DEAL STRUCTURE AND RETURN ON YOUR INVESTMENT (ROI):

• Projected ROI of 31%!

• Total purchase price: $442,000 (The price advertised is not an asking price, it is the *appraised price)

• Down payment: $90,000 (20%)

• Current SDE (cash flow of the business): *$152,259 (weighted average)

• Amount financed: $352,000

• Debt service per year (annual note payment): $54,658

• SDE less debt service: $97,601

• Assume a New owner to pull $70,000 a year out of the business in wages.

• Remaining SDE (cash flow) after owner wages and paying annual debt service: $27,601; So even after paying your debt service AND taking out $70,000 in a wage you should still have $37,601 (left over) to do with as you wish; Pay down debt early, take it out in additional wages or go to Vegas!

• 31% Is the Annual return of investment on your injected capital/down payment each year. A great year in the stock market would be 15% to 20% and the average is about 7%. The assumption is that you do actually work in the business similar to the way the current owner does now. Clearly in the stock market you would not be working in the company you held stock in.

• This scenario does not include working capital and does assume you take over a key ownership position in the business that will require you to be there around 30 to 40hrs a week.

• Important: Do not take our word for it on the investment information, call and meet with your accountant and make sure he/she agrees with the outline above. Do not make any financial investment into this business where your money could be at risk until you agree with your financial advisors opinion and are comfortable with the presented numbers from the seller.

Gross Sales History:

2024: $1,197,066

2025: $1,137,241

2026: $1,182,731 (projections)

Sales: $1,167,153* 2 year weighted average

SDE History:

2024: $169,272

2025: $135,247

2026: $147,774 (projections)

SDE: $152,259* weighted average

APPRAISAL:

The owner had a Wall Street level appraisal done on the business. Wells Fargo, Live Oak, CIBC and over 250 major banks use this same valuation firm for their internal appraisals. Meaning:It is a Solid Appraisal.

CONTACT US TODAY. NDA Required

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

Well-Established franchise resale. Modern, well-equipped, nicely decorated office space. Trained staff, many quality caregivers. Great service territory encompassing thousands of seniors.

Market Competition and Expansion:

Competition:

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 plus years.

Growth & Expansion:

Oversee business daily, oversee staff. Implement aggressive marketing/advertising strategies. Build referral sources. Build community relationships. Due to so many issues with Assisted Living Facilities during covid (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!

Reason for Selling:

Retirement. Kindly ask the seller for more information.

Additional Details:

Relevant Links:

• View more California businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker