Established Denver Senior Care Franchise

Denver, CO (Denver County)

Seller Financing Available
Established Denver Senior Care Franchise
Contact Seller

Asking Price: $295,000

Cash Flow: N/A

Gross Revenue: $1,012,989

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Established Denver Senior Care Franchise

Save Print Share Valuation Report

Business Description

Prime Location.Well-Established.Sales On An Uptrend.

This is a highly sought after Senior Care / Staffing franchise and one of the better businesses you will look at. The location is well-established with many active accounts, well-trained staff, quality care-givers, referral sources already in place. The location has a great service territory south of the Denver metro area. Sales on uptrend the last three years: 2015=$282,994; 2016=$738,548; 2017=$1,005,398; 2018=$1,012,989. Location should be making at least 10 to 15% on sales if there was an owner operator in the location. If ran correctly (not absentee) that is a 1.97 multiple on earnings! Ask any business broker or financial advisor...Any business selling for under a 2 multiple, Is an incredible deal---Borderline stealing it!

Seller willing to carry a note.

The company is a non-medical in-home care provider assisting seniors over the age of 65 with assistance in the activities of daily living including both companion care and hands-on personal care services.

************************************************************************

This business serves the rapidly growing $1.8 trillion healthcare industry. Two thirds of home care recipients are over the age of 65. Seniors represent the largest, wealthiest, and fastest growing market segment in the U.S. There are over 40 million people over the age of 65. Today, over 1.4 million Americans are receiving some form of home care. By the age of 85, nearly 50% need some support with everyday activities. Changes in fertility, women's labor force participation, and increases in the divorce rate have reduced ability to personally take care of older family members.

The US Census Bureau shows that this is the fastest growing segment of the population today. In the year 2000, over 600 million people were over age 60. By the year 2025, there will be 1.2 billion in that age range and over 2 billion by 2050.

************************************************************************
YOU DO NOT NEED TO HAVE A MEDICAL OR RELATED BACKGROUND TO BE SUCCESSFUL IN THIS BUSINESS.

***********************************************************************
Non-Disclosure Agreement (NDA) is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place.

*Gross Revenue and Cash Flow approximate, stated by seller for 2017. *All information, data, financials, valuations, appraisals, real estate values, etc. must be verified with the seller and buyers own professional advisors, CPA, etc. Buyers should always verify all information with the seller and their own independent advisors before putting any money at risk. No brokers or students please.

CONTACT US.

Detailed Information

Facilities:
Prime location south of Denver metro area. Established, furnished offices. Trained staff, caregivers, referral sources.
Competition:
The market for aging persons in need of home care and institutional clients is rapidly expanding. Already healthcare agencies are absolutely crucial to facilities lacking much needed staff. This trend will only continue considering the average age of the RN population. The average age of the RN population in March 2000 was estimated to be 45.2 years. In 2000, only 31.7% reported being under the age of 40. The most significant drop in numbers was seen among those RNs under the age of 35. In 1980, 40.5% of RNs were under the age of 35, compared to 18.3 percent in 2000. The RN population under 30 dropped from an estimated 25.1% in 1980 to only 9.1% in 2000 According to CNN, the baby boomers stand on the threshold of a big change. The oldest of them are nearing their 65th birthdays and their needs and wants are in flux. Their purchases will begin to revolve more around health care and housing than on rock and roll and athletic gear.
Growth & Expansion:
Aggressive Marketing. Build Relationships / Referral Sources. Senior Care Is A Booming Market -- This business serves the RAPIDLY growing $1.8 trillion healthcare industry. Two thirds of home care recipients are over the age of 65. Seniors represent the largest, wealthiest, and fastest growing market segment in the U.S. There are over 40 million people over the age of 65. Over 1.4 million Americans are receiving some form of home care. By the age of 85, nearly 50% need some support with everyday activities. Changes in fertility, women's labor force participation, and increases in the divorce rate have reduced ability to personally take care of older family members. The US Census Bureau shows that this is the fastest growing segment of the population today. In the year 2000, over 600 million people were over age 60. By the year 2025, there will be 1.2 billion in that age range and over 2 billion by 2050.
Financing:
Seller Willing To Carry A Note.
Support & Training:
NO EXPERIENCE IN THE MEDICAL INDUSTRY IS NEEDED. Extensive training and support provided.
Reason for Selling:
Retiring from industry.
Contact Seller

Contact the Seller

Contact Seller Loading

Contact US-Today

Business Listed By:
Patrick Sherman

Blue Stone Business Group

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1602198 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Retro Fitness

Franchise Opportunity
Capital Required: $941,350