Top Rated Home Care Franchise For Sale
www.GlobalBX.com
Listing ID:
700173704
Listing Title:
Top Rated Home Care Franchise For Sale
Quick Link:
http://www.globalbx.com/listing.asp?bId=173704
Industry:
Health and Medical
Industry Segment:
Other Health and Medical
Country:
United States
State / Province:
California
Area
Southern California - All Southern California
City:
San Juan Capistrano
Asking Price Range:
< $250K
Gross Revenues:
$343,000
Cash Flow:
$60,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2008
Number of Employees:
10 - 19
Business Description:
Four year old Private Duty Home Care Agency for sale in S. Orange County, California. Part of nationally known, top-rated franchise brand (with non-medical and skilled divisions), which is ranked by Franchise Business Review in the top 5 in terms of growth. This business has a franchise territory that covers Laguna Beach, Laguna Niguel, Dana Point and San Juan Capistrano. It services one of the most demographically attractive senior care markets in the Country.
The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. The Business has established 10-15 National referral sources, a database of 40+ local referral sources, and 50+ hired, trained Caregivers on payroll through ADP. Senior care is a $55 Billion recession proof industry. This business requires no prior home care/medical experience.
Since its launch, the company has experienced dynamic financial growth. Revenues in 2011 were $343K, with a Gross Margin of $160K. In 2011 more than 95% of their revenues were cash based (42% of which from LTC insurance cases), while the remaining 5% came from childcare services associated with a National Employee Assistance Program. Large potential growth opportunity exists with the introduction of Skilled services at the discretion of new owner.
The asking price for this opportunity is $225K. The seller would like to pursue other interests but will assist during a transitional period. The Caregivers, all of which are W2 employees, are available to work with a new owner.
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