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- RE: Senior Care, Appraised Price, Lender/SBA Ready*
- Contact: Blue Stone
Quick Facts
| Asking Price: | $442,000 | |
| Annual Revenue: | $1,167,153 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $152,259 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2008 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1008615 | |
| Broker Reference #: | SH.CA.CONC |
Business Overview:
HIGHLY SOUGHT AFTER Senior Care business (Resale). 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!
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:
- 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 California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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