Successful Senior Care - Only 2.3x Earnings!

Atlanta, GA
Fulton County

North Of The City


Asking Price: Annual Revenue:
$364,000 $858,330

Services: Senior Living & Care, Assisted Living


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RE: Successful Senior Care - Only 2.3x Earnings! Broker: Blue Stone Business Group

Quick Facts

Asking Price: $364,000
Annual Revenue: $858,330
Net Profit: Not Disclosed
Cash Flow: $156,994
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 378555583
Broker Reference #: sh.ga.can

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Business Overview:

HIGHLIGHTS:

HIGHLY SOUGHT AFTER In-Home Senior Care business (franchise resale). 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. Additionally, this business is not rocket science - You don’t need to know technical healthcare techniques, like changing an IV or doing wound care for a client. This is strictly non-medical work and the hardest part of your day will be managing your office staff and caregivers to properly service the client(s)…in their own home. If you have any kind of management skills at all, you can likely do this business well. Finally, the location has an incredible reputation in the community - and we think when you dive into this further you'll agree with that assessment.

*North of Atlanta.

POSSIBLE DEAL STRUCTURE AND RETURN ON YOUR INVESTMENT (ROI):
• Projected ROI of 47%!
• Total purchase price: $364,000 (The price advertised is not an asking price, it is the *appraised price)
• Down payment: $75,000
• Current SDE (cash flow of the business; *projected 2022): *$156,000
• Amount financed: $289,000
• Debt service per year (annual note payment): $45,542
• SDE less debt service: $110,458
• Assume a New owner to pull $75,000 a year out of the business in wages.
• Remaining SDE (cash flow) after owner wages and paying annual debt service: $35,458; So even after paying your debt service AND taking out $75,000 in a wage you should still have $35,458 (left over) to do with as you wish; Pay down debt early, take it out in additional wages or go to Vegas!
• Annual return of investment on your injected capital/down payment each year: 47%
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.

SALES/EARNINGS (SDE):

2019: 98,048 / -33,956
2020: $367,611 / $7,935
2021: $582,616 / $83,368
*2022 (*projections for year end 2022): $858,330 / $156,994

APPRAISAL:

The owner had a Wall Street level appraisal done on the business. Wells Fargo and many other major banks use the same valuation firm for their internal appraisals - Translation - It is a Solid Appraisal.

CONTACT US TODAY for the NDA for a detailed discussion.

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, nicely decorated office space. Trained staff, many quality caregivers. Great service territory encompassing thousands of seniors. Located North of Atlanta Metro area.

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 years. Growth & Expansion: Oversee business daily, oversee staff. Implement aggressive marketing/advertising strategies. Build referral sources. Build community relationships. Most businesses in this industry (probably why they are in such demand) have been VERY Covid resistant. 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!

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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