Well Established Home Care Franchise -Riverside/OC

Corona, CA
Riverside County


Asking Price: Annual Revenue:
$700,000 $1,667,000

Services: Senior Living & Care, Assisted Living


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RE: Well Established Home Care Franchise -Riverside/OC Broker: Chris Gamble

Quick Facts

Asking Price: $700,000
Annual Revenue: $1,667,000
Net Profit: Not Disclosed
Cash Flow: $203,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 66
BBN Listing #: 303831864
Broker Reference #: hcriverside

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Business Overview:

A franchise re-sale of a well-established office representing an industry-leading national senior home care franchise company is available for sale. The company’s operational territory encompasses a large geographic region within the Counties of Riverside and Orange, that covers the entire local market for seniors. The company offers affordable home care services for seniors and their families who require assistance with safety supervision, meal preparation, light housekeeping, errands and transportation, personal care, hospice supportive services, and medication reminders. Services also include Assisted Living Placements. The company consistently grows its client base through a well-established and highly-effective marketing program.

The company has an excellent local and national reputation in both the health care and senior care communities. In addition to receiving numerous national awards and local recognition, the company consistently receives high scores on third-party client performance reviews. The majority of the company’s revenue is generated through private pay, long-term care insurance, and other payers.

Operations and facilities:

The office is well-established, serving a vast region for 11 years in a centrally-located office building. In addition to the company owners, the office staff includes the following:

• Office Coordinator
• Recruiting Coordinator
• Staffing Coordinator
• Two after-hours On-Call Coordinators
• Marketing Manager

The office is approximately 1,029 SF and includes a reception area, conference/training room, one large double office, and two additional offices. The office has access to a kitchen/breakroom and two bathrooms. Rent is $1,594.95/month. There is a 3-year lease.

Company products and services:

The service market includes a number of Hospitals, Senior Centers, Assisted Living Communities, RCFE’s (Residential Care Homes), Nursing Homes, and Memory Care and Skilled Nursing Facilities. Disabled adults and seniors who are 65 years and older comprise the primary market for the company, as well as a smaller portion of younger adults living with a disability or illness requiring assistance with activities of daily living including but not limited to:

• Personal Assistance
• Errands and Transportation
• Meal Preparation
• Light Housekeeping
• Companionship
• 24-Hour Care

This business requires no prior home care or medical experience. Training, guidance, and ongoing support will be provided by the franchisor. The franchisor provides 80 hours of pre-opening support at the Franchisor Training Center as well as on-site support. In addition, the seller is willing to offer assistance with the transition after the sale.

Key differentiators:

Growing Market

The home care industry is poised for exponential growth. Currently, there are more than 50 million seniors aged 65 or older in the United States. Through the end of the decade, millions of Baby Boomers will turn 65, increasing the need for service for years to come.

Tenure in the Community
The company is well-established and respected within the community. 11 years of providing quality services to the region helps to generate consistent client leads, care staff leads, and referral source leads.

Excellent Online Reputation

By providing consistent and excellent home care services in the marketplace for over 11 years, the office has generated a significant number of positive reviews online with Google, Bing, YELP, Caring.com, and Indeed. Out of 5 stars, the office generates consistently 4.8-to-5.0-star ratings. Additionally, the office has consistently been awarded nationally by Home Care Pulse for providing excellent care and service.

Staff

• Tenured Staff
• Experienced Staff

Creative Care Solutions

• Facility Staffing
• Combined Care Services
• Diversity of Care Provided

Flexibility of Care

• No minimum: The company provides care down to one 4-hour shift. Most competitors require a weekly minimum of 20 hours or more.
• Creative and flexible home care and staffing solutions for both client families and facilities.

Community Resources and Connections

The company maintains strong and significant community partnerships with key referral sources and partners including assisted living communities, nursing trade schools, and home health organizations.

Resource Selling

Most senior care representatives are only interested in selling home care. The current company’s sales representative is a health care expert. The company’s staff understands that the services provided are critical not only for seniors, but also for physicians, nurses, facility administrators, trust attorneys, and dozens of other professionals who care for and advise seniors and families living remotely from loved ones every day. The goal of the company is to create better outcomes for its clients; most of whom choose to remain in their homes.

Operations and Technology

The office provides a web-based HomeCare technology to streamline management of the office, HR, CRM, and accounting. This saves you time and money that can be better spent building your business.

Customer base

This desirable and demographically attractive senior care service market is in Riverside County with 1,797,290 adults, (340,575 of whom are seniors). This large senior population provides opportunities for strong expansion, as demonstrated in recent year-over-year performance.

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.

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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