LA-Based Fanchised Home Care $854K SDE/SBA Pre-approved

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LA-Based Franchised Home Care - SBA Pre-approved, $854K SDE
Asking Price:
$2,400,000

Gross Revenue:
$2,144,136
Cash Flow:
$854,102
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$5,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This award-winning home care franchise is widely known for its reliable, top notch, personal care, enabling seniors to age in place with grace where they call home. A high-performance office staff coordinates care among a caregiver workforce of approximately 35. It serves families in and around the communities of Los Angeles County. The company 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.

Among the value-adds for the business, this opportunity offers the following:

Complete and turnkey operation due to experienced staff and franchise systems.
100% Private Pay and Long-Term Care Insurance Payments, processed via ACH or Direct Charge to Insurers.
Consistently in the top 10% in national sales in the franchise.
Successful Worker’s Compensation Audit, exceeded DSS requirements and had a successful annual audit.

The oldest of the 78M US baby boomers turn 73 this year. Most don’t need home care today but approximately 78% will in the future.

Since most of the growing elderly population intends to age in place, the majority of whom will eventually need paid help to do so, the company’s “boat” is poised to be lifted from the rising tide.

Current ownership seeks an accomplished Manager to purchase and run the company while preserving its mission drive care culture.

For more information, please contact Greg Michail at (415) 438-0202 or at gmichail@sunbeltnetwork.com.

About the Business

Location:
Los Angeles County, California
Year Established:
2013
Number of Employees:
35
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About the Sale

Reason For Selling:
Pursue other business opportunities
Training/Support:
Franchise and 2 Weeks @ 20 hrs per week

Listing Info

ID:
1655371
Ad Detail Views:
0

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Business Listed by

Gregory Michail

Sunbelt of Pasadena
License# 01988948

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Sponsoring Broker:

Angelica Michail, MBA, CBB, CBI
Sunbelt of Pasadena
License# 01454723


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