Top Home Care Agency in OC
Be Part of the #1 Growth Industry
Seven year old Private Duty Home Care Agency for sale in Orange County, California. The business is considered top ranked and a top performer in California, with solid, well established local and national referral sources. The business does not require prior home care/medical experience. Besides in-home, non-medical care, the business also provides assisted living placement consulting services.
This business operates in a territory that covers the entire Orange County (except a small area in San Clemente). The business will be converted into a franchise under a well recognized and very successful national brand (Asking Price: $3.65MM).
The business operates in one of the most demographically attractive senior care markets in the country. The service market includes a number of large hospitals, senior centers, assisted living communities, independent living communities, nursing homes, memory care and skilled nursing facilities. The Business benefits from a number of local relationships with major hospitals and other health care/senior care facilities, as well as national relationships with Long Term Insurance (LTC) companies. It has a strong internet presence and technical resources (including state of the art software applications), as well as a strong staff of trained Caregivers and health Advisors.
The business has exhibited strong growth since its inception. In the last 5 years, top line results (including San Clemente), grew as high as 50% Year over Year. By opening a satellite office in North OC, new owner can tremendously accelerate growth since that area is underdeveloped.
The majority of revenues come from private pay (55%), LTC insurance, Veterans benefits, and Workman’s Claim Insurance benefits. Potential growth opportunities exist in a number of areas at the discretion of new owner. Professional offices are strategically located, enabling the company to provide both long and short term care to their clients, from 4 hours up to 24 hours daily.
The seller is willing to provide assistance and training during a transitional period. Staff and caregivers, all of which are W2 employees, are available to stay.