Top Rated Home Care Franchise In La County
Location California,United States
Asking Price Range < $250K
Gross Revenues $784000
Net Profit / Cash Flow $164000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2009
Number of Employees 35 - 49
Relocatable Yes
Number of Employees 35 - 49
Real Estate Leased
Training Excellent.
Reason for Sale New ventures.
Description Three year old Private Duty Home Care Agency for sale in LA County, California. Part of nationally known, top-rated franchise brand (with non-medical and skilled divisions), which is ranked by Franchise Business Review in the top 5 in terms of growth.
This business owns three franchise territories that stretch from Long Beach, to Seal Beach, and to Redondo Beach. This is a very demographically attractive senior care market that cover a big part of LA County. The service market includes seven major Hospitals, including the VA Hospital in Long Beach. It also includes the Seal Beach Leisure World, (comprised of 10,000 over 55 year old residents), 25 Skilled Nursing Centers, and over 15 assisted living facilities. The Business has established 10-15 National referral sources, a database of numerous local referral sources, and 50+ hired, trained Caregivers on payroll.
Senior care is a $55 Billion recession proof industry. This business requires no prior home care/medical experience.
Since its launch, the company has experienced dynamic financial growth year over yesr. Additional potential growth opportunity exists with the introduction of Skilled services at the discretion of new owner.
With professional offices strategically located , the company provides both long and short term care to their clients, most of which receive between 8 and 24 hours of care per day.
The asking price for this opportunity is $195,000, with Seller s Discretionary Earnings at $164,000. The seller would like to pursue other interests but will assist during a transitional period. The rest of the staff and caregivers, all of which are W2 employees, are available to work with a new owner.
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