Award-Winning Senior Care Business - Raleigh-Durham Area

Raleigh, NC (Wake County)

Award Winning Franchise - Raleigh-Durham
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Asking Price: $90,608

Cash Flow: $51,070

Gross Revenue: $560,967

EBITDA: $72,365

FF&E: $5,500

Inventory: $300

Established: 2012

Award-Winning Senior Care Business - Raleigh-Durham Area

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Business Description

Raleigh-Durham Senior Care Business with Vast Growth Opportunities

A Place at Home is headquartered in Omaha, NE. Growing from 1 to 10 locations since 2017, A Place at Home is quickly becoming the fastest-growing emerging Senior Care Franchise in the United States.

IDEAL OWNER:
Ideal owners possess a passion to help others and a desire to take control of their future through business ownership. Our “We are CARE” (Compassionate, Accountable, Respectful, and Ethical) philosophy must align with their own values and be incorporated in their business decisions. Candidates may have sales, operations, or healthcare background and a desire to network and build relationships within the community. Franchisees who roll-up their sleeves and invest time early in their business should be positioned for a future that can focus on additional territories, absentee ownership, or resale potential.

THE TERRITORY:
There are over 80,132 seniors age 65 and older within the Raleigh-Durham area including Wake and Durham counties. The number of seniors is projected to increase by 27.7% in the next five years. Seniors age 85 and older is set to increase by 37.4%. There is amazing growth potential including area development opportunities available.

OVERVIEW:
A Place At Home is a senior-focused care company offering a continuum of care services. These services include In-home Care (companion care, personal care, medication services), Care Coordination (consultant for the aging process), Senior Living Alternatives (placement services for the next place to call home), and Staffing Solutions (B2B). This whole-view approach recognizes that everyone’s situation is different. The need for reliable, tailor-made services, from one company, is essential for seniors to age gracefully. Not only does our senior-focused model offer solutions to clients, but it also supports diverse revenue streams for the business.

SUPPORT & TRAINING:
A Place at Home’s initial training (CARE Track) takes as few as 60 days. Introductions to discounted vendors, establishing third party pay sources, and license consulting are just a few of the support items in this step-by-step process. Both web-based training and weekly support coaching involves care education, employee and client satisfaction, and retention techniques, best hiring practices, marketing/sales strategy, operations, and operating systems. The last step of CARE Track is completing 40 hours of in-the-classroom and on-the-job training at the affiliate-owned location in Omaha, NE.

Owners have weekly collaboration with a business success coach and, for the first year, weekly collaboration with a sales success coach. The business success coach focuses on key performance indicators, book and budget management, employment practices, and general operations. The sales success coach focuses on implementing a customized referral marketing strategy and accountability with that strategy. A 90-day review includes an onsite visit that will be performed, at their location, to help eliminate initial hurdles. In-person sales visits are performed with franchisees, in their market, to help overcome gatekeepers, strengthen relationships, and solidify their strategy. Further visits may be performed on an as-needed basis either on-site and/or at the affiliate office.

INVESTMENT INCLUDES:
• Franchise Fee - $48,000 - $76,200
• Working Capital & launch expense - $42,608 - $108,300
• Lease Space
• Initial marketing fees
• Web Domain
• Professional Fees
• Equipment, computers, and more
• 40 hrs of hands-on training - Included in Franchise Fee
• Continued Support - Included in Royalty

TOTAL ALL IN - $90,608 - $184,500

On-Going Fees:
• De-Escalating Royalty - 5.5% - 4.5% (incentive-based)
• Marketing Fund 1%
• Technology Fee $60/month

Attached Documents


Detailed Information

Location:
Raleigh, NC
Inventory:
Included in asking price
Employees:
0
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease of an executive or small office space is included in the Initial investment.
Competition:
When deciding what In-Home Senior Care business opportunity is the right fit for you, you must factor in many variables. Our Senior-Focused continuum of care model sets us a part in the in-home care industry. The market is massive and can support 5+ A Place at Home territories. There are numerous franchise/private in-home care companies in the Raleigh-Durham area. Let us show you how we compete.
Growth & Expansion:
The senior population is 80,132 and projected to grow by 27.7% in the next 5 years. The senior population in the counties surrounding Raleigh-Durham can support multiple franchise locations. This means that an owner has the ability to scale as they grow or to buy multiple territories to secure long term growth.
Financing:
The asking price includes franchise fee & initial expenses (may be up to $191K)
Support & Training:
Ongoing support and training includes step-by-step processes, marketing/sales, hiring/recruiting, operation management, client/caregiver satisfaction, systems training, and more. Initial training consists of online training, weekly coaching calls, 40 hr hands-on training in Omaha and 2 visits to your location in 1st year.
Reason for Selling:
We want an owner to fully maximize the Raleigh-Durham area growth potential.
Franchise:
This business is an established franchise
Business Website:
http://www.aplaceathome.com
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Business Listed By:
Jerod Evanich

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