Clearly, this is a LARGE business (Senior Care Franchise Resale), doing most of its work through government contracts that will transfer with the corporation. This company was fully appraised (at Fair Market Value) by an accredited Wall Street level appraiser who works with over 250 US banks for their underwriting departments, including Wells Fargo and US Bank. This particular appraisal firm also specializes in the senior care vertical - We did not come at this price willy-nilly. NOTE: An NDA is required as well as a telephone conversation before we can provide any additional confidential information.

As you’ll see, the earnings have been remarkably consistent for years! You will be walking into a top-tier brand in the home care industry. The business focuses on sending caregivers to a client’s personal home/residence to help them with daily-life activities, such as light cleaning, food preparation, grocery shopping, walking with them and just basic companionship. The idea is to keep the individual in their OWN home rather than having to go into an assisted living facility. (Note: this is NOT a brick and mortar assisted living center).

You’ll be impressed with what this business has accomplished with such a small staff, small office footprint and overall low overhead. Further, a $150,000 to $200,000-a-year general manager can easily operate this location for your team (current owner pulls $300 to $400k a year out in a wage). The franchise would prefer an ownership group where at least one of the actual owners/partners does work in the business on a daily basis, but not necessarily a requirement.

FINANCING CONSIDERATIONS: As we specialize in this business model (we sell 10 to 18 of them a year) we're well versed in the requirements to be able to get one of these purchased. Buyers should have a *minimum of $9,000,000 to be able to put down on the project, which is roughly 35% of the appraisal price. This amount, along with perhaps a couple of other deal structures worked in, would likely make it appealing for many banks.

If you’re interested in this project, we have a very detailed profile AND a recorded seller interview video that is replete with important details you’ll want to know. NDA required.

POSSIBLE DEAL STRUCTURE AND RETURN ON YOUR INVESTMENT (ROI):
• Projected ROI of 27%
• Total purchase price: $27,228,000 (*Appraised Price)
• Down payment: $9,500,000 (approx. 35% x $27,228,000)
• Current SDE (cash flow of the business): $5,500,000
• Amount financed: $17,728,000 ($27,228,000 - $9,500,000)
• Debt service per year (annual note payment): $2,694,850 (10 years at 9.00% apprx.)
• SDE less debt service: $2,805,150 ($5,500,000 – $2,694,850=$2,805,150)
• Assume - New owner (manager) to pull $200,000 a year out of the business in wages.
• Remaining SDE (cash flow) AFTER owner wages and paying annual debt service: $2,605,150 ($5,500,000 - $200,000 - $2,694,850 = $2,605,150). So even after paying your debt service and taking out $200k in a wage you should still have $2,605,150 to do with as you wish, pay down the debt early, take it out in additional wages, or go to Vegas!
• Annual Return on investment or your return on injected capital (down payment) year after year is 27! ($2,605,150/$9,500,000 = 27%)
• A great year in the stock market would be 15% to 20% and the average is about 7%.
• This scenario does not include working capital
• **Important: Do not take our word for it on the investment information, call and meet with your accountant and make sure he/she agrees with the outline above. Do not make any financial investment into this business where your money could be at risk until you agree with your financial advisor’s opinion and are comfortable with the presented numbers from the seller.

Non-Disclosure Agreement (NDA) is required from all buyers, and your partners. CONTACT US For the NDA. We will email the 3-minute online NDA shortly after we receive your request. Please be sure to check your spam folder.