Turnkey In-Home Senior Care Franchise Ready for Next Owner

Cook County, IL

Seller Financing Available

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Asking Price:$225,000
Gross Revenue:$654,826
Rent:$370/Month
Established Year:2016
Cash Flow:$53,325
Inventory:$1,000
FF&E:$1,000
BUSINESS DESCRIPTION

A profitable and well-established in-home senior care services provider is ready for its next owner!

2023-present highlights for the Chicago Metro franchise business includes:
• 2022 annual revenues up over 45 percent from 2021;
• 2023 annual revenues projected to increase by over 10 percent (>$700,000) over 2022;
• 2022 Seller’s Discretionary Earnings (SDE) up over 50 percent from 2021;
• 2023 SDE projected to increase by over 20 percent (>$65,000) over 2022;
• Compound annual growth rates, 2018 through 2022 – revenues, 26 percent and SDE, 17 percent;
• Net client increase along with commensurate increase in support team to accommodate;
• Over 40 current clients;
• 30+ Employees (W2s);
• Veterans Administration accredited as part of their Veteran’s Choice / Community Care; program (over 20% of revenues comes from VA and current rates for VA clients are at $40/hr.)
• Partially approved for Medicaid; and,
• Currently scheduling over 400 hours a week of care.

Franchisor with a more than twenty year track record and a Chicagoland owner now in her fifth year will provide the necessary training and support to ensure a smooth transition for its growing, loyal customer base.

Owner willing to provide seller financing to qualified buyers.

Call for more details!


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
200
Employees
35
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Owner Terms:$25,000.00 Interest:9% Term Months:24 Monthly Payment:$1,142.00
Support & Training
4 weeks
Reason for Selling
other interests
Franchise
This business is an established franchise
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Steven
Eschbach
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Steven Eschbach