In-Home Care Provider - PRICE REDUCED AGAIN

Cedar Rapids, IA (Linn County)

In-Home Care Provider - PRICE REDUCED AGAIN
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Asking Price: $58,000

Cash Flow: $62,000

Gross Revenue: $720,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2005

In-Home Care Provider - PRICE REDUCED AGAIN

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Business Description

This highly successful franchise provides non-skilled in home care services. Home care services can cover a wide range of needs, from homemaking and companionship to medication reminders. Services include personal care, which might involve helping with bathing, dressing, and grooming. Personal care is more hands-on than companion care and is often for individuals recovering from a procedure or illness, or for people living with a chronic illness. The vast majority of ongoing care needed in the home falls under companion and personal care.

Detailed Information

Location:
Cedar Rapids, IA
Employees:
35
Growth & Expansion:
More people are choosing to remain in their homes as they age. Various studies on aging, including an AARP study, have found that up to 89% of seniors want to live in their own homes as long as possible. The senior population has become the fastest growing segment in the United States; thus, the need for home care businesses will continue to increase. Consider the following statistics: • The U.S. Census Bureau predicts that people over the age of 65 will comprise about 20% of the U.S. population by 2030 • The U.S. Department of Health and Human Services notes that approximately 70% of people 65 or older will need long-term care in their lifetime • Direct-care workers, including CNAs and home health aides, are listed among the top fastest growing occupational segments by the Bureau of Labor Statistics
Support & Training:
Transitional training from current owner. Transitional and ongoing support from franchisor.
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
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Jeff Hennessey

Business Listed By:
Jeff Hennessey

The Jennessey Group, LLC

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