Business For Sale Listing 137987
Non-Medical Home Care Franchise
Status as of Oct-10-2008 at 06:02 PM: Sold!
Business Summary
Home care is quickly becoming the central focus for delivering healthcare and is experiencing tremendous growth due to the aging baby boomers prompting Entrepreneur Magazine to identify it as one of its hot growth businesses in 2007. The home is preferred over institutionalized care. And the industry continues to demonstrate that the home is the most cost effective place to deliver care. 55 million people are age 55 and older and 24 million are older than 65. The National Association for Home Care estimates clients over the age of 65 in any region ranges from 11% to as high as 20%. Seniors would prefer to stay home vs. moving into assisted living if given the option. Our client provides this option. The business provides non-medical services such as personal care, nutrition, light housekeeping, mobility, laundry, errands and companionship. Each caregiver is carefully screened, trained and is an employee of the company. Numerous referrals and an extensive network of local referral contacts. This a market of abundance meaning the competition is minimal since the pie keeps getting bigger. Growth opportunity is significant. The other advantage of this business is that most employees are hourly and part time with no benefits. Costs vary directly with sales meaning there is very little overhead expense to carry. This business operates out of an 800 square foot facility. Caregivers go directly to the client's home from their home so there is no need for a large facility. If you are looking for a solid business with predictable income, low risk, franchise support, and upside potential you should consider this. Current owners are very experienced and will provide ongoing franchise support. Additional locations are available.
FF&E - $2,500 (included in asking price)
Categories
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Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (859,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (200,000) |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $500 Thousand and $1 Million (750,000) |
