Senior Care - Assisted Living at Home – MN/WI

Not Disclosed, WI

St Paul Metro area


Asking Price: Annual Revenue:
$1,250,000 $1,486,000

Services: Senior Living & Care, Assisted Living


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RE: Senior Care - Assisted Living at Home – MN/WI Broker: Jenny Martin

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $1,486,000
Net Profit: Not Disclosed
Cash Flow: $312,880
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 55
BBN Listing #: 139558523
Broker Reference #: OHG913221

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Business Overview:

During these extraordinary times, state after state has designated in-home senior care as an essential business. As such, the industry’s resilience is on full display and is expected to gain substantial market share from community care settings like assisted living facilities and nursing homes. It is also expected to gain thousands of new caregivers from displaced employees from non-essential businesses.

This established (17 years) and exceptionally profitable Company operates within a nationally branded franchise network of local Managing Owners- “families serving families.” As the storm passes, more caregivers than ever will be needed to care for fragile seniors with a new awareness of the high risk of infectious diseases.

Th Company has earned an excellent reputation for responsiveness, reliability and compassion. A talented office team of eight comprised of recruiters, marketers, care coordinators and administrators with combined experience approaching 50 years manage a workforce of more than 40 caregivers that serve clients in and around Hudson, New Richmond, and River Falls, WI.

Of the more than 50,000 seniors in its protected service area, most will need paid care to age in place. Services include companionship, personal care, daily living assistance, and private duty nursing enabling clients to remain safe and sound at home while delivering peace of mind to loved ones.

Ongoing client flow is generated primarily from community referral providers such as social workers, hospital discharge planners, and geriatric care managers as well as a powerful word of mouth apparatus from hundreds of satisfied families. The trusted brand is among the most widely recognized in the home care industry.

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Property Features and Assets:

The office team operates from a fully equipped, centrally located office.

Market Competition and Expansion:

Competition/Market: Senior Care alternatives to in-home care include group settings like nursing homes and skilled nursing facilities. Home care is the preferred option and often the lowest cost. Trusted, nationally branded providers enjoy a distinct awareness and reputational advantage. Growth and Expansion: The oldest of the 78M US baby boomers turn 74 this year. Most don’t need home care today but approximately 78% will in the future. Industry insiders call this phenomenon “The Silver Tsunami.” It’s a widely held view the industry’s best days are ahead of us.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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