Non-Medical Personal Services
Location Kentucky,United States
Asking Price Range < $250K
Gross Revenues $300000
Net Profit / Cash Flow $50000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2000
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Franchisor will provide transition training.
Description Client holds the franchise to provide non-medical assistance and care throughout Central Kentucky to the elderly, the rehabilitating, or to anyone needing a helping hand on a temporary basis. Services include providing companionship (social and physical stimulation to keep people active and engaged), general assistance (chores, preparing meals, laundry, etc), personal care (dressing, grooming, or other activities that are a challenge due to age or disability), and transportation (running errands, providing shopping assistance). Additionally, client also holds the franchise to provide emergency alarm and response services within the same geographic area. The exclusive protected territory provided with the franchises is geographically large and is approximately twice the size as other territories currently being offered by the franchisor. Seller is willing to split the territories if potential buyers so desire, but would prefer to sell the entire package as is. The seller is a large non-profit organization that has been unable to provide the time and attention the business needs to fully take advantage of the growth potential inherent in the market. Simply stated, the non-profit wishes to shed itself of services that are not central and essential to the core of its goal and mission. The operating results provided represent an average of FY 2006 and FY 2007 and expenses have been normalized to reflect operation by a true owner/manager. This is an excellent opportunity for an entrepreneur wishing to own and operate a services business that can be run from a home office if desired. Demographics suggest that the services provided by the business will be in increasing demand as the Baby Boomer generation ages with a wish to remain independent as long as possible. This is an opportunity with tremendous upside with minimal upfront risk and expense. Buyer will need to be approved by the franchisor and be expected to pay the franchise transfer fee.
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