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Businesses For Sale   >>   Other Health and Medical Businesses For Sale

Top Rated Home Care Franchise

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $131000
Net Profit / Cash Flow  $35000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
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  
PART OF LARGER AREA OWNED BY SAME FRANCHISEE. Four 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 2011 were $131K, with a Gross Margin of $58K. In 2011 more than 95% of their 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. Asking $99,000. Call CrossRoads, Attn Vasilis Georgiou, 949-753-2825.


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