Top In Home Senior Care, Lender/SBA Ready

Business Overview:

This Is A Top In-Home (Non-Medical) Senior Care Franchise location – And One of THE TOP Brands In The Nation! We are stunned this location is actually going to market; Nonetheless this is good for You...Here’s why...

THIS is a franchise brand known for highly profitable locations and astute franchise owners who really know the business and do extremely well against the competition. You will walk into a well-oiled machine with super clean books and minimal addbacks (seller perks) posted into the statements. What is more, with you likely in the business taking over a high-level (40 hr. a week±) position, you should be able to do even better than the seller and effect change more quickly (react to market conditions) and drive sales and profits in a way that the current seller can’t. We’ll explain how this can happen when we discuss the company with you in detail.

THE BOTTOM LINE IS THIS…it’s a great location, with a seasoned, well-trained staff, and positioned in such a way that a new owner can OUT-PERFORM even the current seller just by being there daily. Interestingly, after writing this and reading this back to ourselves, it almost sounds like a political campaign and pure propaganda, but we assure you it is not, and we’ll explain why when we discuss this with you on the phone. All of our points will become abundantly clear.

FURTHER, and importantly, banks love this brand and we have this one pre-qualified and ready to go with roughly 20% down!

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.

POSSIBLE DEAL STRUCTURE AND RETURN ON YOUR INVESTMENT (ROI):
• Projected ROI of 42% (Return on Investment)
• Total purchase price: $985,000
• Down payment: $197,000
• Current SDE (cash flow of the business/what the business makes in earnings): $312,192
• Amount financed: $788,000
• Debt service per year (annual note payment): $128,922 (10 years at 10.75% apprx.)
• SDE less debt service: $183,270
• Assume - New owner to pull $100,000 a year out of the business in wages.
• Remaining SDE (cash flow) AFTER owner wages and paying annual debt service: $83,270. So even AFTER paying your debt service and taking out $100k in a wage, you should still have $83,270 to do with as you wish, pay down the debt early, take it out in total wages, or go to Vegas!
• Your Return on Investment: 42%....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%.
• This scenario does not include working capital and DOES assume you take over a key position in the business that will require you to be there around 30 to 40hrs a week. You can normally secure the working capital as a line of credit from the bank as part of your loan structure.
• 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.

Contact us for the NDA. We will contact you and email the online form shortly after your inquiry. Please be sure to check your spam folder as well. Non-Disclosure Agreement (NDA) is required. The sale is confidential. *2023 sales/cashflow.

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. Many 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 the seller

Additional Details:

Relevant Links:

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