Compassionate Care in Middle Tennessee

Madison, TN (Davidson County)

Seller Financing Available
Compassionate Care in Middle Tennessee

Asking Price:$70,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$5,000

Inventory:N/A

Lease Rate/Sq. Ft.:N/A

Established:2015

Compassionate Care in Middle Tennessee

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Business Description

Non-Medical Home Care is a service provided to people who need some level of help on a routine basis but desire to continue living in their own home. Basic services provided include; companionship, homemaking, personal care, and memory care. Taking a client to a store, community center, or appointment is also a frequent request.

Detailed Information

Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1000 square feet. One year into a 3 year lease. $970 all inclusive. Completely furnished office, including furniture, computer equipment, and telephones. A ready to work staff of 25 caregivers, all background checked and completed orientation.
Competition:
As expected in a superfast growing market, there is a healthy level of competition. However, even with new agencies entering the market each year, the overall industry capacity is falling further and further behind the market’s demand the as the nation’s elder population ages. Additionally, there is lots of available business out there because a good share of the market is not adequately serviced in a quality manner. This Franchisor started its first agency in 2001 and has grown to about 150 agencies at the end of 2015. Entrepreneur Magazines ranks this Franchise as 181st best in the nation, out of thousands of existing franchises. The franchisor is also the industry’s fastest growing over the past three years within the industries established members. Average annual gross revenues, for agencies in operation over five years, total $1,200,000 with an average gross profit margin on 48%.
Growth & Expansion:
Potential for growth and expansion is phenomenal. The nation’s +65 population will double over the next twenty years. Building of new assisted living facilities are in many instances years behind the community care requirements while the population group of available internal family caregivers keeps shrinking.
Financing:
Open, yet limited
Support & Training:
Owner will provide proper training and transition period.
Reason for Selling:
Absentee owner.
Franchise:
This business is an established franchise

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Jeff Brasher

Business Listed By:
Jeff Brasher

Alliant Capital Advisors LLC

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Sponsoring Broker:
Bill Marrero

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