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Quick Facts
Asking Price: | $1,400,000 | |
Annual Revenue: | $2,100,785 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $379,468 | |
Total Debt: | Not Disclosed | |
FF&E: | $20,000 | |
Real Estate: | $325,000 | |
Year Established: | 2005 | |
Employees: | 43 | |
BBN Listing #: | 679663924 | |
Broker Reference #: | 60322-995336 |
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Business Overview:
Nationally endorsed and marketed with strong brand recognition, this community based home health franchise business is the area's leading provider of non-medical home health care services for daily living assistance provided to seniors, veterans and other special needs clientele.
Best in class and top ranked franchise business performs in the top 2% of all locations nationwide. The broad set of capabilities has been thoughtfully developed to meet the needs of a highly diverse client base. Care plans are custom developed to the customers specific need - average minimum time requirements are 20-25 hours per week.
Renovated and updated Administration Executive HQ office building and commercial real estate also available with this business listing.
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Market Competition and Expansion:
Growth and success are primarily driven by leveraging the outstanding local and national reputation for providing customized pricing programs tailored to each clients individual needs. Word of mouth advertising is complimented with a very well-established network for referral sources that have been thoughtfully curated for Close to two decades. Huge growth opportunities exist as contract reimbursements continue to climb. Private pay for services are highly reliable and create additional sources of ongoing revenue. Increasing chronic disease management is expected to steadily drive industry revenue growth. Industry revenue has grown at an annual average rate of 3.4% over the past 5 years, including a 4.8% increase in 2023. Over the next 5 years, the industry forecasts 5.7% growth over the next 5 years. Robust profit growth expectations are set to reach 7.6% over the same period. Double digit revenue growth is forecasted over the next 5 years reaching $4.3MM in annual sales by year end 2027.
Reason for Selling:
Retirement
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