Established, profitable home care agency for sale
Alabama
| Asking Price: | $600,000 |
| Gross Revenue: | $1,600,000 |
| FF&E: | $14,000 |
| Established Year: | 2007 |
| Cash Flow: | $250,000 |
| EBITDA: | $175,000 |
| Real Estate: | $350,000 |
Listing ID: 2152264Listing provided by BizBuySell
BUSINESS DESCRIPTION
Owner is motivated to sell
This profitable, established homecare agency’s mission is to enhance the lives of aging adults and their families by offering an individualized approach to keep seniors safe and sound at home instead of anywhere else. This is accomplished through skilled and compassionate caregivers and professional support staff. The company provides part-time and full-time non-medical services, including dementia care and personal care services for the elderly who require assistance, supervision, light housework, and companionship to remain in their homes.
Interested buyers are required to sign an NDA. Here is the link: https://www.launchgrowexit.com/confidentiality-agreement
DETAILED INFORMATION
Location
Alabama
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
3,880
Employees
65
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Historic building with great office space with private offices, meeting rooms, training rooms, and a community area.
Competition
The In-Home Senior Care Franchise industry is benefiting from a growing number of aging baby boomers. Over the five years to 2019, the number of adults older than 65 grew 3.6% to 55.0 million people. As people live longer due to advancements in medicine and technology, a growing number of seniors are looking to stay in their own homes and maintain independence for as long as possible. Franchise establishments that provide medical and non-medical in-home services enable seniors to do just that.
Growth & Expansion
There is more demand than caregivers, so recruiting and retention will help drive revenue growth. There is also an opportunity to expand service to VA clients. Focusing on key referral relationships will increase demand.
Financing
Seller financing is not desired, but the Seller will consider financing 10%.
Support & Training
The seller will provide training and transition assistance on the local level regarding the staff, local market, and office management. Seller is available for onsite support for up to 2 weeks and is available for call / email support for up to 3 months. The Franchisor offers telephone support 24/7. There are also numerous ways in which franchisees support each other.
Reason for Selling
Owner is retiring
Franchise
This business is an established franchise
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