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Home Care Agency - Newer Business

Montclair, CA (San Bernardino County)

Home Care Agency - Newer Business
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Asking Price: $40,000

Cash Flow: N/A

Gross Revenue: $45,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $700 /Month

Established: 2018

Home Care Agency - Newer Business

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Business Description

Licensed Home Care Organization covering huge territory covering much of the San Gabriel Valley area (2 territories). This business is part of a responsive, exceptional franchise brand with top notch support. Owners purchased 2 territories and have been running the business for approximately 1 year now. Owners are doing business in only one of their purchased territories currently. Owners came the the US from France via a visa for this business and currently have a small roster of stable business and caregivers/CNAs on staff. Owners have decided that, due to personal reasons, they would entertain selling their business to an owner who is equipped with the resources and business skills to grow this incredibly viable and ripe territory. This business currently has billing of approximately $10K per month in billing, but has the capacity to do much more and is well positioned to establish additional revenue quickly due to sold foundation already built. This is a great opportunity to get into a home care franchise for far less than the franchisor's initial fee by purchasing the business directly from the current owners. Original franchise fee paid for this business was over $74K. Current owners are prepared to assign the existing franchise agreement to a qualified buyer and have received approval from the franchisor in this regard.

Detailed Information

Location:
Montclair, CA
Real Estate:
Leased
Building SF:
300
Lease Expiration:
N/A
Employees:
15
Facilities:
Small office in Montclair, CA that is leased. A roster of caregivers and CNAs has been hired and a California Home Care Organization license has been obtained and is in good standing. Brochures and marketing materials have been produced.
Competition:
Home Care is a business model that is growing exponentially with no end in sight. There is competition, but this is a solid brand with several franchise locations in Southern California. The market for this business is growing and on the continual upswing.
Growth & Expansion:
There are currently 3 revenue streams in this business model: non-medical home care, placement services and facility staffing. There is no limit to the growth potential in this business provided the new owners are actively marketing/networking and hiring caregivers. Current owners have a language barrier as they are from France. They are not currently doing much marketing of their business so there is huge potential with a consistent and quality marketing effort.
Support & Training:
The franchisor has agreed to fully train buyer/new owner.
Reason for Selling:
Owners do not have the resources and skills to effectively manage this business.
Franchise:
This business is an established franchise
Business Website:
http://www.absihc.com/sangabrielvalley
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Business Listed By:
Kurt Buske

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