Established Senior Care*Two Huge Service Territories*

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Motivated Seller.Staff,Caregivers,Accounts In Place.
Asking Price:
$299,000

Gross Revenue:
$600,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

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.

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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.

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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.

Note:
Liquid Capital Needed: At least $100,000 for the purchase.
Net Worth Needed: At least $250,000 in total Net Worth

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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.

Contact us today. We will provide the short 3-minute online non-disclosure agreement via email. Be sure to check your spam/junk folders for our email.

About the Business

Facilities:
Solid staff, many accounts, excellent caregivers, and referral sources already In place. The business encompasses TWO huge geographical service territories in Sacramento / Placer Counties with a growing population of thousands of seniors ages 65/75. The office is Relocatable. Sale includes a fully-wrapped vehicle as well.
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:
Implement aggressive marketing/advertising. Build community relationships. Build referral sources. Attend trade shows, franchise conferences. Join local clubs, associations, business chambers. Follow the franchise system.
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About the Sale

Reason For Selling:
Personal Reasons. Contact Us Today For Details & The NDA.
Training/Support:
NO EXPERIENCE IN MEDICAL NEEDED. Extensive training/support provided by franchisor.
Seller Financing:
*Seller Willing To Carry A Note.

Listing Info

ID:
1589759
Ad Detail Views:
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U.S. Census Data for Sacramento County, CA
Age

Gender

Ethnicity

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 Sacramento County, CA
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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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