Successful Chicago Area Home Care Franchise

Park Ridge, IL (Cook County)

Seller Financing Available
Successful Chicago Area Home Care Franchise
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Asking Price: $485,000

Cash Flow: $155,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $1,200 /Month

Established: 2011

Successful Chicago Area Home Care Franchise

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Business Description

This existing business is part of one of the nation’s leading home care franchise companies that operates hundreds of territories throughout the U.S., Canada and the United Kingdom. Franchise members provide superior non-medical home care (companion and personal care services) as well as skilled nursing services to all members of the community, but primarily to the exploding market of those over the age of 65. Franchise members can also provide supplemental staffing services to the health care industry. This business combines an owner’s compassion for people with industry leading tools that help to deliver important services that support individuals’ independence, dignity, and quality of life. It’s a winning formula that means that you too can provide the kind of high-quality care necessary to meet the needs of this expanding customer base while also achieving your personal and business goals. This business location has a solid foundation with a great reputation for delivering high quality care with passion, at reasonable prices.

Detailed Information

Location:
Park Ridge, IL
Real Estate:
Leased
Building SF:
800
Lease Expiration:
N/A
Employees:
3 FT, 40+ PT
Facilities:
The current office is located in Park Ridge, IL (Chicago) and can be relocated anywhere within the Exclusive Territory without affecting operations or making significant changes to the business. Exclusive territory details will be provided to qualified buyers only. Lease terms are to be negotiated with the Seller’s assistance as needed. The office includes a reception area, owner’s office, caregiver orientation/training/meeting room, restroom facilities and additional space for miscellaneous office supplies.
Competition:
Competition in the home care space is highly fragmented with many providers generally lacking the tools, technology, training, branding and sophistication to effectively compete and to scale a large business in today’s evolving home care sector. While there are some other nationally known brands in the market, this particular franchise system is one of the most well respected and mature brands in the US with locations in Canada and the UK as well. The exclusive territory is larger than most all other franchise competitors and is developed according to zip code demographics that include over 30,000 seniors over age 65 and a minimum of 25% of households with at least $75,000 in annual income. Strong differentiation in the market is realized through Superior Care Processes, an Elite Caregiver Recruiting and Retention Program, Multiple Revenue Channels, Innovative Care Programs, Multi-faceted Marketing Strategies, Proprietary Technology Tools and More.
Growth & Expansion:
This well-established business serves the following geographic markets: Des Plaines, IL and the areas just north, east and south of O'Hare Airport including parts of Mt. Prospect in the northern part of the territory, down to Franklin Park and Northlake in the southern part of the territory. This franchise model is highly scalable with no cap on earnings and there is abundant opportunity to significantly grow this business. The territory has excellent demographics for this model and a detailed map and demographics of the exclusive area will be provided to all qualified candidates.
Financing:
Yes - Will Carry Up To 10%
Support & Training:
Pre-Opening and Licensing Support from Franchisor Transition Training & Assistance from Seller 40 Hours of Self Study / At Home Learning (online and hardcopy materials) 64 Hours of Classroom Training at the Franchisor Training Center 32-40 Hours Onsite at Location Ongoing Support – Toll-Free Help Desk, Regional Field Consultants, Onsite and Web Based Proprietary Technology Platform & Tools – Business Management, CRM, Mobile Applications and Client Portal Complete Front & Back Office Support 24/7 Call Center Available
Reason for Selling:
Owner retiring
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(from currently available funds)
 
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Phil LeBlanc

Business Listed By:
Tom Parks

ComForCare Franchise Systems, LLC

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