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Healthcare for the Handicapped in California-Increased Profits

Los Angeles, CA (Los Angeles County)

Healthcare for the Handicapped in California-Increased Profits
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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: 2007

*not included in asking price.

Healthcare for the Handicapped in California-Increased Profits

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Business Description

Healthcare franchise with nationwide presence holding franchise rights in Southern California with additional operations in Northern California is for sale. 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 plus inventory of approximately $200,000. The price includes the existing base of business and 5 trucks used for product installation. The acquirer could increase business even more by additional marketing and sales efforts and increasing installation personnel, as well as by purchasing the Northern California franchise territory so as to not limit future expansion capabilities in California. This franchise has been experiencing year over year growth since 2014. Final 2017 numbers show more than a 35% growth in profit over 2016 and the 2018 numbers, so far, are looking better than 2017.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
9 FT
Facilities:
Home based plus rented warehouses for storage of leased equipment (Home Based)
Growth & Expansion:
Huge territory.Year over year growth! More marketing will increase business further.
Financing:
FF&E includes 5 trucks and office equipment
Support & Training:
Franchisor will train and current owner will transition
Reason for Selling:
Owner is planning to retire.
Home-Based:
This business is Home-Based
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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