Established In-Home Senior Care Franchise*Accounts In Place*

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Prime Location Selling For ONLY 1.6x Cash Flow!!
Asking Price:
$150,000

Gross Revenue:
$750,000
Cash Flow:
$92,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

THIS IS A TOP BRAND IN-HOME SENIOR CARE FRANCHISE WITH GREAT REFERRAL SOURCES, MANY CLIENTS, AND QUALITY CAREGIVERS ALREADY IN PLACE. The company has been in operation for more than 10 years with huge area recognition and an incredible reputation. The location serves a massive geographical area that encompasses thousands of seniors over the age 65/75. The business provides non-medical in-home care services, assisting primarily seniors over the age 65 with the activities of daily living, including both companion care and hands-on personal care services. The owner's role is to market and build your business, expand and build relationships in the community, and manage a dedicated team of staff and quality caregivers. This location is situated in a modern, well-maintained office space. A seasoned staff will help make your transition into the business smooth.

*Sales/Cash Flow History: Fiscal 2017: Sales $808,000, Cash Flow $95,000. Fiscal 2018 projections: Sales approx. $750,000, Cash Flow $92,000.*

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We are selling a business just like this one (same franchise brand) for $350,000 with sales of $993,000 and earnings (what the seller puts in his/her pocket) of $177,000 and only 46 active clients! Call us for a discussion and a comparison of financials. **Bottom line, you can buy this Newark business for a FRACTION of what it should be selling for and with just some daily attention on your part, you could see the same $170k in your pocket THIS YEAR! Don’t take our word for it, look at the numbers, speak to the seller and consult with your financial advisors and see if you agree.

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No Experience In The Medical Industry Is Needed. Extensive training is provided by franchisor and seller and ongoing support provided by Franchisor to help you build your business.

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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 stated by seller, 2018 fiscal projections. *All information, data, financials, valuations, appraisals, real estate values, etc. must be verified with the seller and buyer's own professional independent advisors, CPA, etc. Buyers should always verify all information with the seller and their own advisors before putting any money at risk. No brokers or students please.

Contact Us For the NDA For Details. We will email the short 3-minute online NDA form within just a few minutes of your inquiry. Please be sure to check your spam/junk folders also.

About the Business

Year Established:
2007
Number of Employees:
67
Franchise:
Yes
Facilities:
Well-maintained office space. Trained staff. Quality caregivers. Huge service territory. Referral sources, clients/accounts in place. Service territory encompasses Christiana, Hockessin, Wilmington, Newark, New Castle, Bear.
Market Outlook/
Competition:
The market for aging persons in need of home care and institutional clients is rapidly expanding. Already healthcare agencies are absolutely crucial to facilities lacking much needed staff. This trend will only continue considering the average age of the RN population. The average age of the RN population in March 2000 was estimated to be 45.2 years. In 2000, only 31.7% reported being under the age of 40. The most significant drop in numbers was seen among those RNs under the age of 35. In 1980, 40.5% of RNs were under the age of 35, compared to 18.3 percent in 2000. The RN population under 30 dropped from an estimated 25.1% in 1980 to only 9.1% in 2000 According to CNN, the baby boomers stand on the threshold of a big change. The oldest of them are nearing their 65th birthdays and their needs and wants are in flux. Their purchases will begin to revolve more around health care and housing than on rock and roll and athletic gear. *************************************************************************** Why is there a boom in the service area?--- Beyond elder care. An increasing number of the elderly couples and singles are living fulfilling lives on their own. As they age, however, they will require more and more services to help them deal with day-to-day living. Some of the most successful franchise businesses of the next few years will be ones that will provide cost-efficient services, both medical and non-medical, for the aging population of the United States. According to the U.S. census, between the years of 2000-2010, the population between the ages of 18-44 is decreasing 1%. The population between the ages of 45-54 is increasing 21%. However, the population of ages between 55-64 is increasing at 47%. People between the ages of 44-65 are the “New Customer Majority.” Their market is 45% larger than the 18-43 market and will be over 60% larger by 2010. According to David Wolfe and Robert Snyder in Ageless Marketing, “The New Customer Majority is the only adult
Growth & Expansion:
Aggressive Marketing. Build Relationships / Referral Sources. Senior Care Is A Booming Market -- 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 U.S. There are over 40 million people over the age of 65. 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 US 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.
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About the Sale

Reason For Selling:
Retiring From The Senior Care Industry.
Training/Support:
NO EXPERIENCE IN THE MEDICAL INDUSTRY NEEDED. Extensive training provided by Franchisor and seller. Ongoing support provided by Franchisor.

Listing Info

ID:
1626261
Ad Detail Views:
0

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U.S. Census Data for New Castle County, DE
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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for New Castle County, DE
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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