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Businesses For Sale   >>   Health and Medical Businesses For Sale

Top Rated Home Care Franchise In OC

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $100000
Net Profit / Cash Flow  $30000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2008
Number of Employees  20 - 34
Relocatable  Yes
Number of Employees  20 - 34
Real Estate  Leased
Training  Excellent
Reason for Sale  New ventures

Description  
Two Franchise Territories costing $70K if bought new from Franchisor. PART OF LARGER AREA OWNED BY SAME FRANCHISEE. Six year old Private Duty Home Care Agency for sale in Orange County, California. Part of nationally known, top-rated franchise brand (with non-medical and skilled divisions), which is ranked by Franchise Business Review in the top 5 in terms of growth. This business has a franchise territory that covers Orange, Santa Ana, Costa Mesa & Huntington Beach. It services one of the most demographically attractive senior care markets in the Country. The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. The Business has established 10-15 National referral sources, a database of local referral sources, and 50+ hired, trained Caregivers on payroll through ADP. Senior care is a $55 Billion recession proof industry. This business requires no prior home care/medical experience. Revenues in 2013 were over $100K, even though owner is semi-absentee. More than 95% of revenues were cash based (42% of which from LTC insurance cases), while the remaining 5% came from childcare services associated with a National Employee Assistance Program. Large potential growth opportunity exists with the introduction of Skilled services at the discretion of new owner. The seller would like to pursue other interests but will assist during a transitional period. The Caregivers, all of which are W2 employees, are available to work with a new owner.


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