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- RE: Non-Medical In-Home Senior Care, Lender Ready*
- Contact: Blue Stone
Quick Facts
Asking Price: | $3,960,000 | |
Annual Revenue: | $2,322,943 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $951,889 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2014 | |
Employees: | Not Disclosed | |
BBN Listing #: | 946106 | |
Broker Reference #: | CFC.OK.OK |
Business Overview:
This non-medical IN-HOME senior care franchise has been on a major 4 year upward tear from 2020 through 2023 AND THE SELLER HAS BEEN VERY RELUCTANT TO SELL IT as clearly the cashflow is excellent. Later, when we discuss the business details with you, you’ll understand why- personal matters. With a combination of many, many private pay clients, and a heavy mix of VA (Veterans Administration- recently secured contract) this company has a great margin which is running about 37.51% of sales! For perspective, a good margin for this industry would be around 25 to 28%. And so you understand where this margin comes from, we’re talking about dropping 37.5% of gross sales to earnings (we call it SDE or seller’s discretionary earnings). Further, this franchise brand has been around for years and has 100’s of locations around the country.Â
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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
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:
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 Oklahoma businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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