Three year old Private Duty Home Care Agency for sale in the Inland Empire/San Gabriel Valley areas of Southern California. Part of nationally known, top-rated franchise brand which is ranked by Franchise Business Review in the top 5 in terms of growth. Senior care is a $55 Billion recession proof industry. The business does not require prior home care/medical experience.
This business has a franchise territory that covers a wide area in western San Bernardino and eastern LA Counties that includes Rancho Cucamonga, Upland, Claremont, Montclair, Fontana, Ontario, Pomona, Glendora, Covina, La Verne and San Dimas. 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, independent living communities, nursing homes, memory care and skilled nursing facilities. The Business benefits from a number of National agreements, a strong internet presence and technical resources, as well as an extensive base of local referral sources and a strong staff of trained Caregivers.
Since its launch, the company has experienced dynamic financial growth. The majority of revenues are cash based, with LTC insurance, Veterans benefits and a National Employee Assistance Program accounting for the balance. Cash flows are excellent. Client counts range from 15 to 25 in a given week. Potential growth opportunities exist in a number of areas at the discretion of new owner.
With professional offices strategically located , the company provides both long and short term care to their clients, most of whom receive from 4 up to 24 hours of care per day.
The asking price for this opportunity is $195,000. Current year Seller s Discretionary Earnings are projected at $80,000. The seller is willing to provide assistance during a transitional period. The rest of the staff and caregivers, all of which are W2 employees, are available.