“Purpose, Passion & Profit” – Home Care Provider, Williamsburg, VA

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Nationally Branded – Locally Owned
Asking Price:
$199,000

Gross Revenue:
$760,000
Cash Flow:
$23,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This home care provider operates within a nationally branded franchise network that differentiates itself through a higher standard of care achieved from accreditation. Service levels range from a few hours a day to around the clock.
The growing elderly population in and around Williamsburg of more than 53,000 in this protected franchise service area represents a vast, expanding market from which the new Managing Owner can further build the private pay business. Most seniors will need paid help to age at home safe and sound. Almost all are steadfast in their conviction to stay home.
The key growth enablers are multiple revenue streams from home care, medical staffing and national accounts amid ever-expanding demand for these services.

About the Business

Year Established:
2008
Number of Employees:
30
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
1
Lease Amount/Mo.:
$1.00
Facilities:
Four office staffers operate from a fully equipped, centrally located office in Williamsburg
Market Outlook/
Competition:
Senior Care alternatives include private, self-employed caregivers and 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. This protected service area is home to more than 75,000 senior citizens. The average franchise territory in the US has 35,000 seniors.
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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:
1588323
Ad Detail Views:
0

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Business Listed by

Tom Belew

Belew and Assoc. LLC

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U.S. Census Data for James City and Williamsburg city Counties, VA
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 James City and Williamsburg city Counties, VA
Income

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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