Senior Care Selling For ONLY 1.89x Cash Flow
Detroit, MI Wayne County
West Of Detroit Metro
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- RE: Senior Care Selling For ONLY 1.89x Cash Flow
- Contact: Blue Stone
Quick Facts
| Asking Price: | $550,000 | |
| Annual Revenue: | $1,238,913 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $290,839 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2022 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 946966 | |
| Broker Reference #: | CK.MI.DETROIT |
Business Overview:
This Is One Of The Top In-Home (Non-Medical) Senior Care Franchises In The Nation! The business model (not difficult) sends caregivers to individual’s homes to keep them from having to go to an assisted living facility. Personal care, food preparation, light cleaning, falling mitigation/monitoring, etc. are many of their primary functions. Contact us for the NDA
This particular franchise is very well-known - In fact, if we were to “rank” this brand ourselves (and we specialize in selling senior care businesses), it would be the equivalent of "Chick-fil-A" for the senior care industry – They are that well known!
This particular location has an INCREDIBLE reputation in the community for providing high quality in-home care - and we think when you dive into this further, you’ll agree with that assessment.
Sales/SDE:
2021: $1,976,494/$141,882
2022: $1,297,451/ $176,136
2023: $1,238,913/$290,839*( note the 3 year even weighted average is about $221,000)
2024 (Projected): $873,239/$197,877 (seller predicts a bit higher though)
Located west of Detroit metro area. Buyers must reside in the area of the location.
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 resale). Modern, well-equipped, well-decorated offices. Quality caregivers. Huge geographical service territory with thousands of seniors.
Market Competition and Expansion:
Competition:
Senior service businesses are 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.
Growth & Expansion:
Oversee the business on a daily basis. Implement aggressive marketing/advertising strategies. Build referral sources. Build community relationships. Diversify services. Attend industry trade shows. Join business associations and chambers.
Reason for Selling:
Contact us to speak with sellerAdditional 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 Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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