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Healthcare for the Handicapped-Northern California

Watsonville, CA (Santa Cruz County)

Healthcare for the Handicapped-Northern California
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Asking Price: Get Financing: $600,000

Cash Flow: $264,562

Gross Revenue: $1,072,543

EBITDA: N/A

FF&E: N/A

Inventory: $200,000*

Lease Rate: N/A /SF

Established: N/A

*not included in asking price.

Healthcare for the Handicapped-Northern California

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Business Description

Healthcare franchise with nationwide presence with operations in Northern and Southern California is for sale. Although the Company is doing business in Northern California, they do not have exclusive rights to the Northern California territory; however, there is an opportunity to purchase exclusive rights to the Northern California territory. California is said to have the largest economy in the United States ,and therefore this business has much room for growth. The products marketed and sold by this franchise provide accessibility for the handicapped through both sale and rental programs. These accessibility products help customers stay in their homes as they age. The job of the franchisee in this home based business with rented storage facilities is to network and market the products, assess the needs of the clients, notify the franchisor as to what products to produce, and then have the products installed by the franchisee's installers at both businesses and homes in California. The price of this franchise is $600,000 which includes the existing base of business and 5 trucks used for product installation. Purchasing this northern territory and increasing marketing in Northern California will further improve business and not limit future expansion capabilities in California. That said, total year over year profits for the combined areas have gone up from 2014 to the present. Profits have increased more than 30% in 2017. New numbers for 2018 show sales are increasing again.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
9 FT
Facilities:
Leased warehouse for products to be delivered and installed
Competition:
Year over year growth and profits since 2014.
Growth & Expansion:
With an aging population, there is an increased need for the products and service provided by this franchise
Support & Training:
Franchisor will provide and owner will transition
Reason for Selling:
Planning to retire
Franchise:
This business is an established franchise
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Steven A. Rosen

Business Listed By:
Steven A. Rosen

Sunbelt Business Brokers of Blue Bell

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.


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