Uniquely Profitable In-Home Senior Care Provider

Not Disclosed, MN

Minneapolis - St. Paul Region


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

Services: Senior Living & Care, Assisted Living


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RE: Uniquely Profitable In-Home Senior Care Provider Broker: Mike Uelk

Quick Facts

Asking Price: $1,250,000
Annual Revenue: $1,486,000
Net Profit: Not Disclosed
Cash Flow: $364,621
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 55
BBN Listing #: 76458523
Broker Reference #: OHG913221

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Business Overview:

With an operating history of more than 17 years, this premium provider of personalized home care for seniors and veterans 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 and Stillwater and Woodbury, MN.

These service areas are home to approximately 50,000 senior citizens, most steadfast in their conviction to age in place and eventually needing paid assistance to do so. 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 national brand is among the most widely recognized in the home care industry. The Company’s profit margins are among the top 5% of franchisees that operate within this national network of hands on Managing Owners.

The current Managing Owner seeks an Investor-Operator to preserve the Company’s compassionate care culture while maintaining its status as a premium provider and employer of choice. The ideal successor is an accomplished manager dedicated to company ownership and a cultural leader driven by purpose, passion and profit.

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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 leased.
  • 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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