In-Home Senior Care / Medical Staffing franchise. The location has a solid staff, many accounts, excellent caregivers, and referral sources already In place. Seller willing to carry a note.
The business encompasses TWO huge geographical service territories in Sacramento / Placer Counties with a growing population of thousands of seniors ages 65/75. Office relocatable. Sale includes a fully-wrapped vehicle. Personal reasons are driving the sale and the seller is motivated.
The company provides in-home personal and companion care to seniors, including help with daily tasks such as light housework, meal prep, errands, transportation, medicine reminders, and other care.
If you come at this from a start up from scratch point of view (a location with zero sales) most owners who try this will end up having $150,000 of hard money out in franchise fees and working capital JUST to get this up to the break-even point. Let's say that another way before the business puts $1.00 of PROFIT into the owners bank account an owner would have about $150k spent AND about 2 years of their life!!! If you can buy this location for about the price this is selling for you have absolutely scored big. It is sad that the seller is in this situation, but none of us can control the way life plays out. Take advantage of a good deal because it won't last long at this price.
Many locations that we have sold with this brand have earnings of approx. 15%-27% of gross sales - Translation ---> At $636,000 in sales, if you run the business properly, you should be putting $90,000 to $162,000 in your pocket.
Liquid Capital Needed: At least $100,000 for the purchase.
Net Worth Needed: At least $250,000 in total Net Worth
No experience in medical industry is necessary. Extensive training and support provided by the franchisor. The owner's role is to market and build your business, expand and build relationships in the community, and manage a dedicated team of quality caregivers.
This business serves the rapidly growing $1.8 trillion healthcare industry. Two thirds of home care recipients are over the age of 65. Seniors represent the largest, wealthiest, and fastest growing market segment in the US. There are over 40 million people over the age of 65. Today, over 1.4 million Americans are receiving some form of home care. By the age of 85, nearly 50% need some support with everyday activities. Changes in fertility, women's labor force participation, and increases in the divorce rate have reduced ability to personally take care of older family members.
The U.S. Census Bureau shows that this is the fastest growing segment of the population today. In the year 2000, over 600 million people were over age 60. By the year 2025, there will be 1.2 billion in that age range and over 2 billion by 2050.
Non-disclosure agreement (NDA) is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place.
Gross revenue and cash flow approximate and stated by seller, 2018*. *All information, data, financials, valuations, appraisals, real estate values, etc. must be verified with the seller and buyers own professional advisors, CPA, etc. Buyers should always verify all information with the seller and their own independent advisors before putting any money at risk.
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