Home Health Franchisor & 2 Franchisees | 23 yrs | High Industry Growth

Fast growing industry

The Company is a franchisor which provides compassionate and reliable in-home health care services designed to enhance the quality of life for individuals of all ages. The business was co-founded in 2001 in three counties in Florida. After developing the business for five years, the company began franchising in 2006. In addition to the franchisor, two of the franchisees are selling as part of the transaction to be corporate-owned franchisees. The two franchisees include Palm Beach, FL, the #1 franchisee in the system, as well as the long-term stable market in Des Moines, Iowa.

The Company offers a wide range of services including skilled nursing, personal care assistance, therapy services, and companionship. The caregivers empower clients to maintain independence and dignity in the comfort of their own homes, ensuring peace of mind for families. The franchisor and franchisees are distinguishable from other similar businesses by their distinctive procedures for operations; procedures for management and quality control; marketing, advertising, and accounting systems; training and assistance.

FINANCIAL HIGHLIGHTS:
>Revenue (TTM): $6.017M and > SDE (TTM) $1.23M

FRANCHISOR HIGHLIGHTS:

GROWTH OPPORTUNITIES:
>18 active franchises with 1 awaiting licensing. 57 protected territories.
>Management forecasts growth potential to 400 territories in 3-5 years.

HOME HEALTH CARE INDUSTRY GROWTH:
>Market Expansion: The global home health care market was valued at approximately $380 billion in
2023 and is projected to grow at a compound annual growth rate (CAGR) of around 8-10% through 2030.

>Aging Population: With the global population of individuals aged 65 and older expected to reach 1.5
billion by 2050, there is a significant and increasing demand for home health care services.

>Preference for Home-Based Care: Studies show that more than 90% of seniors prefer to receive care
in their own homes rather than in institutional settings.

>Technological Advancements: Innovations in telemedicine, remote monitoring, and home care
technology are enhancing the efficiency and appeal of home health care, making it a more viable
option for patients and providers alike.

>Cost-Effectiveness: Home health care is often more cost-effective compared to hospital or nursing
home care, leading to increased adoption by both patients and healthcare systems aiming to reduce
costs.

>Government Support: Increased government funding and favorable policies for home health care
services, including Medicare and Medicaid reimbursements, are supporting industry growth.

>Rising Chronic Diseases: The prevalence of chronic diseases such as diabetes and heart disease,
which require ongoing management, is driving the need for home-based care solutions.

>Workforce Expansion: The home healthcare workforce is expanding rapidly, with the U.S. Bureau of
Labor Statistics projecting a 25% growth in home health aide jobs from 2021 to 2031, significantly
faster than the average for all occupations.

TEAM: Management team of 14, many with the company for 15 years

SERVICES OFFERED:
>Memory Loss Care; Companion Care; Long Term Care; Medical Home Care; Transitional Care; Respite Care; More Care Service; Medical Staffing