Successful In-Home Senior Care Selling For ONLY 1.68x Cash Flow!

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Great Sales & Cash Flow. Motivated Seller. Training Provided.
Asking Price:
$259,000

Gross Revenue:
$964,000
Cash Flow:
$154,000
(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 well-managed operation with an easy transition for a new owner.This business is a non-medical/medical home care provider assisting primarily seniors over the age 65 with assistance in the activities of daily living including both companion care and hands-on personal care services. This is one of THE top franchise brands in the nation. Large government work comprises 90% of sales/earnings. Long-term outlook for this government program is solid and should continue on with a new owner according to the seller. Huge potential for much more work in private duty Home Care. The location has a large account base, excellent established referral sources, a well-trained internal staff, and a great list of quality care givers. The seller wishes to move.

*Earnings and sales presented in this listing are projections based on data as of the end of May of this year (year-to-date). Actual YTD sales/earnings for 2018 as of the end of May: ($402,047/$64,456).

*Previous year’s sales/earnings: 2016 ($1,087,554/99,450) 2017 ($923,266/86,500) 2018 - projections ($964,912/$154,385).

Extensive training & support provided by the franchisor and the seller. YOU DO NOT NEED EXPERIENCE IN THIS INDUSTRY TO SUCCEED!

*****

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. *All information, data, financials, valuations, appraisals, real estate values, etc. must be verified with the seller and buyer’s 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. No brokers, students or anyone under 18 years of age, please.

Contact Us Today. We will provide the short electronic NDA to you via email. Be sure to Check your junk/spam email folders.

About the Business

Year Established:
2005
Facilities:
Prime location. Great fully-equipped offices. Lease. 1825 sf. Trained staff, quality caregivers, referral sources.
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. Build referral sources.
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About the Sale

Training/Support:
NO EXPERIENCE IN MEDICAL IS NEEDED. Extensive training and ongoing support provided by franchisor.

Listing Info

ID:
1576141
Ad Detail Views:
0

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Blue Stone Business Group

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U.S. Census Data for Chesterfield, Fairfax, Henrico and Richmond city Counties, VA
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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 Chesterfield, Fairfax, Henrico and Richmond city Counties, 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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