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Top Rated Home Care Franchise In Cincinnati Oh
Location: United States -> Ohio -> Cincinnati
Industry: Health and Medical > Other Health and Medical




Business Summary

Franchise resale of an established office available for sale, part of an Industry-leading national in-home senior care franchise company. Operational area covers two prime and exclusive territories in the Cincinnati Ohio area. The company offers affordable services for seniors and their families who require assistance with meal preparation, medication reminders, bathing or personal care, grocery shopping, light housekeeping, errands, Alzheimer's care, or companionship, in order to remain happily & safely in their homes.

This company operates in the most desirable, lucrative, sought after and demographically attractive senior care markets in the Cincinnati Ohio area. This company was Established in 2018 as the result of two franchisees merging their franchise territories into one company. This company operates out of one main office close to the border of the two territories and they also utilize a Regus shared office location as a satellite office. It has a base of over 50 active clients and over 40 active caregivers. Revenue mix includes Private Pay, Long Term Care Insurance, and Veterans Benefits. The mix of income streams balance out profit margins with payment turnarounds. This two-territory franchise is being sold as one company and covers the Southeast and Northeast areas of the city and suburbs.

The service market includes several large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. The Business has established National referral sources, a database of several local referral sources, and has 40+ hired and trained Caregivers on payroll. This business requires no prior home care/medical experience. Training, guidance & ongoing support will be provided by the Franchisor & the seller are willing to negotiate transition & ongoing training.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,100,000
Cash Flow:   $175,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $5,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2018
Number of Employees:  35 - 49
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased

About The Sale

Reason For Selling:  Ready to move on




Print Listing Id: 700354892
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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 > Ohio Businesses For Sale > Ohio Franchises For Sale > Ohio Business Brokers



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