Home Care Agency Startup

San Mateo, CA (San Mateo County) (Relocatable)

Seller Financing Available
Home Care Agency Startup
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Asking Price: $85,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $15,000*

Rent: $1,675.80 /Month

Established: 2018

*not included in asking price.

Home Care Agency Startup

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Business Description

High Growth Senior Care Provider – California – Bay Area

Near 2 major Hospitals. Offering a wide range of non-medical and personal care support services to seniors and other adults to help them continue living independently.
Looking for an ambitious owner who wants to have an impact on their community and bring this to the next level of income. Tremendous growth for the right person.
Everything is already established, web presence, advertising, social media, and local and national business marketing. You will have access to a wealth of proven marketing resources, marketing knowledge and support.

Detailed Information

Location:
San Mateo, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
17,600
Lease Expiration:
9/18/2020
Employees:
23
Facilities:
Beautiful, 1760 sf office strategically located in San Mateo CA. The asking price includes $15,000 in office furniture, fixtures, inventory and other equipment that is required to run a profitable service-based business effectively. Lease runs through March 2022 with option to renew.
Competition:
Senior Care alternatives to in-home care include institutional settings like nursing homes and independent/assisted living facilities. Home care is the preferred option and often the lowest cost. Trusted national franchise brands have a majority share of the US market. The Patient Protection and Affordable Care Act (PPACA) of 2010 includes a list of changes to nursing services for seniors and the disabled, among them encouraging the transition from nursing home services to at-home managed care.
Growth & Expansion:
The demand for in-home care continues to grow and will expand further as Medicare and Insurance programs encourage care at home for cost savings. Industry revenue is expected to grow at an annualized rate of 12.6% to $12.8 billion over the five years to 2015, including 12.9% in 2015 alone.
Financing:
Finance to be discussed
Support & Training:
Industry experience is not required. Comprehensive training and transition support will be provided by the current owner.
Reason for Selling:
Retirement
Business Website:
http://www.viahomecare.com
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Business Listed By:
Eda Y Chavez

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