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- RE: Top Home Care Franchise Resale-Orange CA
- Contact: Vasilis Georgiou
Quick Facts
Asking Price: | $1,250,000 | |
Annual Revenue: | $2,804,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $405,558 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2010 | |
Employees: | 66 | |
BBN Listing #: | 985000 | |
Broker Reference #: | HCCORONA |
Business Overview:
A franchise re-sale of a well-established office representing an industry-leading national senior home care franchise company is available for sale. The company’s operational territory encompasses a large geographic region within the Counties of Riverside and Orange, that covers the entire local market for seniors. The company offers affordable home care services for seniors and their families who require assistance with safety supervision, meal preparation, light housekeeping, errands and transportation, personal care, hospice supportive services, and medication reminders. Services also include Assisted Living Placements. The company consistently grows its client base through a well-established and highly effective marketing program.
The company has an excellent local and national reputation in both the health care and senior care communities. In addition to receiving numerous national awards and local recognition, the company consistently receives high scores on third-party client performance reviews. The majority of the company’s revenue is generated through private pay, long-term care insurance, and other payers.
Operations and facilities:
The office is well-established, serving a vast region for 11 years in a centrally located office building. In addition to the company owners, the office staff includes the following: Scheduling Coordinator, Recruiting Coordinator (Offsite), Staffing Coordinator, Two after-hours On-Call Coordinators, and Marketing Coordinator.
The office is approximately 1,500 SF and includes a reception area, conference/training room, one large double office, and two additional offices. The office has access to a kitchen/breakroom and two bathrooms. Rent is $1,875.00/month. There is a 3-year lease.
The service market includes a number of Hospitals, Senior Centers, Assisted Living Communities, RCFE’s (Residential Care Homes), Nursing Homes, and Memory Care and Skilled Nursing Facilities. Disabled adults and seniors who are 65 years and older comprise the primary market for the company, as well as a smaller portion of younger adults living with a disability or illness requiring assistance with activities of daily living including but not limited to:
This business requires no prior home care or medical experience. Training, guidance, and ongoing support will be provided by the franchisor. The franchisor provides 80 hours of pre-opening support at the Franchisor Training Center as well as on-site support. In addition, the seller is willing to offer assistance with the transition after the sale.
Key differentiators for the Business include: Growing Market, Tenure in the Community, Excellent Online Reputation, Tenured and experienced Staff, Creative Care Solutions, Flexibility of Care, Community Resources and Connections.
The company maintains strong and significant community partnerships with key referral sources and partners including assisted living communities, nursing trade schools, and home health organizations.
The office provides web-based HomeCare technology to streamline management of the office, HR, CRM, and accounting. This saves you time and money that can be better spent building your business.
While changing demographic trends are an overarching trend impacting the health sector, the pandemic has permanently altered the industry's trajectory. Widespread outbreaks at residential facilities in the first year of the pandemic led more people to value remaining in their homes as they age; the interest in aging-in- place has only grown even as pandemic concerns have dissipated as older adults look for options that offer safety and independence. In all, revenue has been expanding at a CAGR of 1.9% to an estimated $137.2 billion over the past five years, including expected growth of 0.6% in 2024. Revenue will continue growing at a CAGR of 3.6% to an estimated $163.9 billion over the next five years.
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Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
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