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Top Rated Home Care Franchise - Portland & Bend
Location: United States -> Oregon -> Portland
Industry: Health and Medical > Other Health and Medical




Business Summary

Six-year-old senior care agency for sale with offices in Portland and Bend, part of a nationally known franchise brand that is ranked in the top five by Franchise Times based on revenue. Senior care is a $62 Billion recession-proof industry, growing at 4.2% per year according to IBISWorld. This business does not require prior home care or medical experience.

This well-established business provides services in two diverse markets that offer substantial opportunity for growth. Demographics and income levels in both markets are very favorable for senior care, and each market contains substantial untapped territory. The Portland office provides services in Clackamas, Multnomah and Columbia counties and the Bend office provides services in Deschutes, Crook and Lake counties. The territories owned by the business extend to surrounding counties in both markets, and those counties have yet to be developed.

Since its inception nearly six years ago, despite established competitors in the market and the usual start-up challenges, the business has grown revenue consistently in every fiscal year. That growth has far exceeded industry averages, posting revenue gains of 17% in FY2019 and 24% in FY2020. There are two factors that make that level of growth truly remarkable:

1. FY2020 spanned the period July 2019 through June 2021 – the very peak of the COVID pandemic thus far, and
2. The owner has successfully transitioned from working full-time IN the business to working part-time ON the business.

The Company offers affordable home care services for seniors and their families who require assistance with safety supervision, meal preparation, light housekeeping, errands and transportation, personal care, hospice supportive services and medication reminders.

This Company has an excellent reputation in the health care and senior communities in both markets, has received numerous awards and recognitions, and has a well-established presence in each community.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $2,096,500
Cash Flow:   $104,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2016
Number of Employees:  50 - 99
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Excellent
Reason For Selling:  Other Business Interests

Photos

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Top Rated Home Care Franchise - Portland & Bend Photo 1




Print Listing Id: 700368631
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Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Oregon Businesses For Sale > Oregon Franchises For Sale > Oregon Business Brokers



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