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Top Rated Home Care Franchise In OC
Location: United States -> California -> Southern California - All Southern California -> Irvine
Industry: Health and Medical > Other Health and Medical




Business Summary

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 a wide area in OC that includes Newport Beach, Newport Coast, Corona Del Mar, Irvine, Mission Viejo, Lake Forest, Laguna Woods and Laguna Hills. 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 200+ local referral sources, and 200+ 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.

Since its launch, the company has experienced dynamic financial growth. 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. Client counts range from 25 to 35 in a given week. Large potential growth opportunity exists with the introduction of Skilled services 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 which receive between 8 and 24 hours of care per day.

The asking price for this opportunity is $245,000, with Seller s Discretionary Earnings at $95,000. The seller would like to pursue other interests but will assist during a transitional period. The rest of the staff and caregivers, all of which are W2 employees, are available to work with a new owner.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $445,000
Cash Flow:   $95,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2008
Number of Employees:  35 - 49
Relocatable:  Yes
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Excellent
Reason For Selling:  New ventures




Print Listing Id: 700190718
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Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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