Non-Medical In-Home Senior Care, Appraised Price

Business Overview:

This is a UNIQUE senior care business (franchise resale) with a model that leads to MORE THAN DOUBLE the normal profit margins than most (norm about 23% - This one runs 61.33%). As we are experts at selling senior care businesses (10 to 18 a year) we see a good operation doing 23 to 27% of sales to earnings, with a high-water mark of about 36% (unusual). The structure of this location removes a ton of in-office staff/payroll which leads to the higher margin. Bottom line, if you’re looking for a senior care business - it’s worth checking this one out just to understand the margin - not to mention our data on the company is replete, at about 42 pages!

The business focuses on sending caregivers to a client’s personal home/residence to help them with daily life activities, such as light cleaning, food preparation, grocery shopping, walking with them and just basic companionship. The idea is to keep the individual in their own home rather than having to go into an Assisted Living Facility.
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Property Features and Assets:

Well-Established franchise resale. Located in a modern, fully-equipped, well-decorated office space. Trained staff, many quality caregivers. Great service territory encompassing thousands of seniors. Located SW of Waukegan area.

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. Implement aggressive marketing/advertising strategies. Build referral sources. Build community relationships. Diversify services. Attend industry trade shows. Join business associations/chambers.

Reason for Selling:

Additional Details:

Relevant Links:

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