RICHMOND, Virginia
| Asking Price |
$1,310,000 |
Year Established |
2005 |
|
| Annual Revenue |
$2,228,716 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Blue Stone |
|
| Annual Cash Flow |
$426,000 |
Listing Number |
1020240 |
|
| # of Employees |
|
Business Category |
Services: Senior Living & Care, Assisted Living |
|
Business Overview:
This in-home senior care business has been on an upward trend in both sales and earnings since 2024, and 2026 is predicted to hit around $436,000 in discretionary earnings (SDE)! The company has primarily focused on only private-pay clients and long-term care insurance but there is a tremendous amount of extra sales to be had by getting involved with the VA and other government programs… Translation: Sales for this location in the next 2 to 3 years could be in the 4 million range with a heavy focus on some of those programs. Seller is ready to retire.
Highlights:
This is a Major IN-HOME senior care brand (resale). The business focuses on sending caregivers to a client’s personal home/residence to help them with daily-life activities, such as light cleaning, food preparation, grocery shopping, walking with them and just basic companionship. The idea is to keep the individual in their own home rather than having to go into an Assisted Living Facility. This particular location has an INCREDIBLE reputation in the community for providing this high quality non-medical in-home care and we think when you dive into this further, you’ll agree with that assessment.
Property Features and Assets:
<p>Well-Established franchise resale. Located in a modern, fully-equipped, well-decorated office space, with quality caregivers, and office staff. Huge service territories with thousands of seniors.</p><p> </p>
Market Competition and Expansion:
<p>Competition:</p><p> </p><p>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-plus years.</p><p> </p><p>Growth & Expansion:</p><p> </p><p>Oversee the business on a daily basis, oversee staff, sales, marketing. Implement aggressive marketing/advertising strategies. Build referral sources. Build community relationships. Diversify services. Attend industry trade shows. Join business associations/chambers. Follow the franchise system.</p><p> </p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity