In-Home Senior Care Provider – Cleveland, OH

Parma, OH (Cuyahoga County)

In-Home Senior Care Provider – Cleveland, OH
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Asking Price: $949,000

Cash Flow: $341,000

Gross Revenue: $3,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2005

In-Home Senior Care Provider – Cleveland, OH

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Business Description

Nationally Branded – Locally Owned

Established in 2005, this senior in-home care provider is focused on placing reliable and compatible caregivers with clients that need personal care or daily living assistance to remain safe and sound in the comfort of their homes.
The growing elderly population of more than 68,000 in this protected service area is steadfast in their conviction to age in place. Most will need help in doing so, preferring to hire trusted nationally branded providers with highly involved Managing Owners. This company is one such provider. The retiring owner seeks a high fit Managing Owner to acquire and run the company while preserving its reputation for reliability that improves the quality of life for the families it serves.
Ongoing client flow is mainly through contracts and network marketing. The company also benefits from national advertising and ongoing support from its national franchise network.

Detailed Information

Location:
Parma, OH
Employees:
95
Facilities:
The Company operates from fully equipped offices in Cleveland and Akron, OH areas.
Competition:
Senior Care alternatives to in-home care include group settings like nursing homes and skilled nursing facilities. Home care is the preferred option and often the lowest cost.
Growth & Expansion:
The oldest of the 78M US baby boomers turn 72 this year. Most don’t need home care today but approximately 78% will in the future. In addition, the $2.8 trillion healthcare industry is embracing home care to better manage costs and readmission rates.
Support & Training:
Industry experience is not required. Comprehensive training and transition support will be provided by Seller and franchisor.
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
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Tom Belew

Business Listed By:
Tom Belew

Belew and Assoc. LLC

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