In-Home Senior Care Company - Norfolk area

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Possible Seller Financing
Asking Price:
$225,000

Gross Revenue:
$635,000
Cash Flow:
$40,000
(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 home care provider is widely recognized for its unique ability to match reliable and compatible caregivers with elderly clients that need personal care to remain safe and sound in the comfort of their homes. Whether for just a few hours a day or around the clock, the company’s services enable seniors to maintain their independence while aging in place with dignity and grace.
Most of the growing elderly population of seniors within this exclusive franchise service area intends to remain at home. Many will require paid help to do so. Families prefer to hire trusted nationally branded providers with highly involved Managing Owners. This company is one such provider. The current Managing Owner seeks an accomplished, purpose driven, compassionate Manager to purchase and run the company while preserving its hard-earned reputation and relationships.
Ongoing client flow is enabled by a loyal network of recurring referral providers that includes but is not limited to assisted/independent living facilities and relationships within the medical community. In addition, this office operates within a nationally branded franchise network enabling an exceptional on-line presence and a powerful word of mouth apparatus fueled by hundreds of satisfied families in and around Norfolk. The company also benefits from national advertising and ongoing support from the franchisor.

About the Business

Year Established:
2008
Number of Employees:
35
Franchise:
Yes
Facilities:
Operates from a fully equipped, centrally located office.
Market Outlook/
Competition:
Senior Care alternatives to in-home care include group settings like nursing homes and skilled nursing facilities. Home care is the preferred option and lowest cost. Trusted, nationally branded providers have a distinct awareness and reputational advantage.
Growth & Expansion:
The oldest of the 78M US baby boomers turn 72 this year. Most don’t need home care today but approximately 78% will in the future.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Industry experience is not required. Comprehensive training and transition support will be provided by Seller and franchisor.

Listing Info

ID:
1545444
Ad Detail Views:
415

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Business Listed by

Tom Belew

Belew and Assoc. LLC

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U.S. Census Data for Norfolk city County, VA
Age

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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 Norfolk city County, VA
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Education

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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