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Georgia
Home Care Franchise - Top Rated, 11 Years
Asking Price
$400,000
Revenue
$808,760
Down
Call/Email
Cash Flow
$131,460
Name: Vasilis Georgiou
Phone: Show phone number
Name
Vasilis Georgiou
Phone
Show phone number
Description
A key competitive advantage is the company's expertise in long-term care insurance management, including policy review, benefits verification, claims processing, and payment monitoring. This specialization in the non-medical, long-term care insurance, and private duty market allows the business to focus on providing higher standards of care while avoiding the heavy regulatory burdens faced by medical service providers.
The company operates with an efficient business model utilizing a small core staff alongside W-2 caregivers. Financial performance shows a business that has established stability and demonstrates strong potential for continued growth in this expanding market segment.
The Agency offers affordable services for seniors and their families who require assistance with meal preparation, medication reminders, bathing or personal care, grocery shopping, light housekeeping, errands, Alzheimer's care, or companionship in order to remain happily & safely in their homes.
The business office is staffed with two full-time employees (besides the owner) who help with scheduling, recruiting, compliance, and administration. One of the employees is an RN that does assessments and helps with the clinical aspects of the business. The caregivers are all W-2 caregivers. The owner does Sales & Marketing, and helps with client care, and recruitment/training.
Throughout its 11-year operation, the Company has become the industry leader in the local senior care community. Its excellent reputation in serving clients and with its employees, has earned this company solid relationships with professionals in the health care and senior communities.
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 National referral sources, a database of numerous local referral sources, and 35+ Caregivers, hired, trained, on payroll. This business requires no prior home care/medical experience. Training, guidance & ongoing support will be provided by the Franchisor & the seller is willing to negotiate transition & ongoing training, as well as a consultant role after the sale.
The Company competes with other national and local businesses and sole proprietors providing home care services. Disabled adults and seniors who are 65 years and older comprise the primary market for the Company, as well as a smaller portion of younger adults with some form of disability or illness requiring assistance with daily living.
The home-care industry has exploded with the aging population. Today, with 10,000 Americans turning 65 every day, the demand for senior care is ever increasing. The US senior population currently sits at approximately 50 million and by 2030, it is expected to swell to 81 million (Source: US Census Bureau). An estimated 70 percent of people over 65 will require home-care services at some point in their lives.
The seller is selling for personal reasons but will assist during a transitional period. The Caregivers and staff, all of which are W2 employees, are available to work with a new owner.
Posting Information
Posting ID:
290950
Business Category:
Health, Medical, Fitness, Beauty, Service
Business Types:
Health Care Service
Home Health Care Agency
Keywords:
georgia, franchise, home health, health
Attributes:
Broker Cooperation
Existing Franchise
Training And Support
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Posting Title
Home Care Franchise - Top Rated, 11 Years
Posting ID
#290950
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