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- RE: Top Brand In-Home Senior Care, Lender Ready*
- Contact: Blue Stone
Quick Facts
Asking Price: | $990,000 | |
Annual Revenue: | $2,580,637 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $323,872 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2002 | |
Employees: | Not Disclosed | |
BBN Listing #: | 989564 | |
Broker Reference #: | AMA.NC.GREENS |
Business Overview:
This is a solid upward trending non-medical (in-home) senior care franchise (resale). The company is on a tear on both SALES and EARNINGS for the last 3, going on 4 years. It should hit about $3,000,000 in sales by the end of 2025 which will be UP 16% over last year. The company has primarily been focusing on sales and not quite as much on the bottom line and it is our estimation (as we specialize in selling these specific businesses) that he’s missing about 10% in earnings/SDE (we see normally about 23%‘ish and a min. of about 18%) and this company is doing only 12.55%. Translation… instead of the $323k in current earnings, this company should be hitting closer to $600k!!! We’ll break this down better for you in a “Thought Experiment” if you would like to get the numbers on this one. The point is, you’d be buying a company that could very easily be worth a LOT more (to the tune of around $1.5 to $1.8 million potentially) in just a couple of years. That’s a serious return on your investment!
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Property Features and Assets:
Well-Established franchise resale. Modern, well-equipped, nicely decorated office space. Trained staff, coordinators, and many quality caregivers.
Market Competition and Expansion:
Competition:
Franchise Business Review lists senior service businesses in the top six recession-proof industries. The senior care industry is growing and will continue to grow with the senior population expecting to grow by 25% over the next 10 years.
Growth & Expansion:
Oversee the business on a daily basis, oversee staff, sales, marketing/advertising strategies. Implement aggressive marketing/advertising strategies. Build referral sources. Build community relationships. Diversify services. Attend industry trade shows. Join business associations/chambers.
Reason for Selling:
Retiring from the industryAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Relevant Links:
- View more North Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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