BETHLEHEM, Pennsylvania
| Asking Price |
$450,000 |
Year Established |
2022 |
|
| Annual Revenue |
$715,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Steve |
|
| Annual Cash Flow |
$0 |
Listing Number |
997886 |
|
| # of Employees |
27 |
Business Category |
Services: Senior Living & Care, Assisted Living |
|
Business Overview:
Owners are retiring and looking for a new owner that has compassion for the care of Seniors in the local community. The new owner will also need to reside in the local community and be actively hands-on with the business full time. This is an established and successful in-home companion care services business for Seniors wishing to stay in the comfort and security of their own private home. Includes two territories - one in Northhampton County and one in Lehigh County, PA. One office (937 sq feet), several leased vehicles and a total of 25 caregivers. There are 2 management team members that oversee scheduling, recruitment, client services and client billing activities. Certified caregivers spend anywhere from 3 to 8 hours per day assisting Seniors with their daily needs and tasks to make sure they are able to stay active, safe, meeting recommended dietary guidelines, attending all scheduled medical appointments and following established medication schedules. It operates 100% on recurring revenue. Growth is derived from trusted referral sources and from incoming daily new customer leads to process. Income is generated from Medicare, Medicaid, VA and private pay customers. New owners receive lifelong training and support, and, new caregiver employees also receive comprehensive training to allow them to ramp up with the ongoing growth needs of the business. National and local Marketing efforts from experts in Senior home health care are ongoing.
Property Features and Assets:
<p>Asking price includes all business office equipment, furniture, computers, fixtures, office supplies, Marketing materials, office signage and a loyal established customer base with solid relationships with the trained caregivers and the Seniors that they take care of. <strong> </strong><u><strong>Note:</strong></u><strong> the Caregivers are not on the office payroll, they are 1099 contract employees and their wages are paid by the Senior Care customers that they service</strong>. A portion of those fees is paid to the business franchise owner as well. <u>Only 2 employees are on the business office payroll.</u></p><p><u></u></p><p><br></p><p><br></p>
Market Competition and Expansion:
<p>The Lehigh Valley area has an <strong>above average Senior population</strong>. <u>In Pennsylvania and across the Lehigh Valley region, demand for in-home Senior care services is expanding very rapidly.</u></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