Top Brand In-Home Senior Care / Medical Staffing

Santa Clarita, CA (Los Angeles County)

Top Brand In-Home Senior Care / Medical Staffing
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Asking Price: $325,000

Cash Flow: $148,500

Gross Revenue: $990,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: N/A

Top Brand In-Home Senior Care / Medical Staffing

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Business Description

Established Clients. Quality Caregivers.Huge Service Territory.

This location is a territory spin-off WITH almost $1,000,000 worth of sales going with it!!! The territory is too much to manage for the seller and he’s willing to give up the clients/sales to help him focus more on his other location. You will need to establish an office and some internal staff, but caregivers are all set and are managing the current clients now and that shouldn’t change with you as a new owner coming in. The seller will stick with you for plenty of time to make sure you can run the business AND you’ll get 10 days’ worth of corporate training. Translation, you don’t need experience to do really well in this business. You DO NEED good management experience and someone that is willing to roll up his/her sleeves to drive the company forward. We have historical sales data in the state of CA from locations we have actually sold where the earnings (what you put in your pocket) from sales is from 15% to 27% with two locations we just sold earlier this year doing 16% to 20% right near this location. With a call from us we can show you the actuals to bare this out. Bottom line, on about $960k in sales you should be able to take home after your first year around 15% (or a lot more) or about $144,000 and that’s even after you get the staff in place and office open. Don’t take our word for it, we’ll supply you and your accountant with the raw data for your review. Don’t place any money at risk on this business until your financial advisors work this out for you, but we feel you’ll come to our same conclusions. CONTACT US FOR THE NDA To Discuss In Detail.

IMPORTANT: Sales of $990,000 stated in this Ad are current projections for 2019 and the earnings of $148,500 are based on statistical data based on multiple sales in the California market of what you should be earning based on those sales.

*Buyer will Need $100,000 liquid capital available and at least $250,000 in net worth (assets minus liabilities).

Sales History:
2016: $884,307
2017: $876,845
2018: $907,652 2019
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WHAT WE DO...The company provides full in-home personal and companion care to seniors, including help with daily tasks such as light housework, meal preparation, errands, transportation, medicine reminders, meal planning, and Alzheimer's care.

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Again, No Experience In The Medical Industry Is Needed. Extensive training is provided by franchisor and seller and ongoing support provided to help you build your business.

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Non-Disclosure Agreement (NDA) is required. The sale is confidential which is why we are not publishing sensitive financial information or the name. Information provided to qualified buyers with NDA in place.

*All information, data, financials, valuations, appraisals, real estate values, etc. must be verified with the seller and buyer's own professional independent advisors, CPA, etc. Buyers should always verify all information with the seller and their own advisors before putting any money at risk. No brokers or students please.

Contact Us For the NDA For Details. We will email the short 3-minute online NDA form shortly after we receive your request. Please be sure to check your spam/junk folders also.

Detailed Information

Location:
Santa Clarita, CA
Facilities:
Woodland Hills, Simi Valley. Caregivers.
Competition:
The market for aging persons in need of home care and institutional clients is rapidly expanding. Already healthcare agencies are absolutely crucial to facilities lacking much needed staff. This trend will only continue considering the average age of the RN population. The average age of the RN population in March 2000 was estimated to be 45.2 years. In 2000, only 31.7% reported being under the age of 40. The most significant drop in numbers was seen among those RNs under the age of 35. In 1980, 40.5% of RNs were under the age of 35, compared to 18.3 percent in 2000. The RN population under 30 dropped from an estimated 25.1% in 1980 to only 9.1% in 2000 According to CNN, the baby boomers stand on the threshold of a big change. The oldest of them are nearing their 65th birthdays and their needs and wants are in flux. Their purchases will begin to revolve more around health care and housing than on rock and roll and athletic gear. *************************************************************************** Why is there a boom in the service area?--- Beyond elder care. An increasing number of the elderly couples and singles are living fulfilling lives on their own. As they age, however, they will require more and more services to help them deal with day-to-day living. Some of the most successful franchise businesses of the next few years will be ones that will provide cost-efficient services, both medical and non-medical, for the aging population of the United States. According to the U.S. census, between the years of 2000-2010, the population between the ages of 18-44 is decreasing 1%. The population between the ages of 45-54 is increasing 21%. However, the population of ages between 55-64 is increasing at 47%. People between the ages of 44-65 are the “New Customer Majority.” Their market is 45% larger than the 18-43 market and will be over 60% larger by 2010. According to David Wolfe and Robert Snyder in Ageless Marketing, “The New Customer Majority is the only adult market with realistic prospects for significant sales growth in dozens of product lines for thousands of companies.” ************************************************************************** The senior Care Environment--- Long-term Care Demand and Our Aging Population The market for long-term care is rapidly increasing which will increase the demand for our services in nursing homes, hospitals and private duty assignments. According to the U.S. Census Bureau, the elderly population (persons 65 years old and over) increased eleven-fold between 1900 and 1994; the non-elderly increased only threefold. Under the Census Bureau's middle series projections, the number of persons 65 years old and over would more than double by the middle of this century to 80 million (up from 33 million in 1994). By the year 2030, about 1 in 5 Americans will be elderly. The oldest old is the fastest growing segment of the elderly population. The oldest old (persons 85 years old and over) are a small but rapidly growing group, comprising just over 1% of the American population in 1994. From 1960 to 1994, this group increased 274% to 3.5 million, compared with an increase of 100% for persons 65 years old and over, and an increase of 45% for the total population. Overall, the oldest old were projected to be the fastest growing part of the elderly population as we entered this century and beyond. By 2020, the U.S. population over the age of 65 is projected to grow to 55 million while the population over the age of 85 is projected to increase by four times to over 13 million. As age increases, the need for long-term care also increases. ************************************************************************ Shortage of Nurses--- There is an acute shortage in the United States of registered nurses. A recent study published by the American Hospital Association states that the average age of a nurse is 45 years old and that less than 10% of all nurses are under the age of 30. This coupled with the dynamics of an aging population and increased government requirements for staffing at hospitals and nursing homes have created a substantial demand for our services. We believe that competition for qualified personnel will continue to increase and that our benefits and methods of "sharing the success" with our employees will make us an attractive employer in the marketplace and allow us to be the most attractive answer when individuals are looking for employment. ********************************************************************* Why Would Nurses Become Contract Workers Instead of Full-time Employees?--- Many nurses are switching from demanding shift positions in traditional settings to contract staffing. For a comparable salary and benefits, an employee has more flexibility and control over their schedule, vacations and holidays and less risk. Some nurses enjoy doing a variety of jobs in which they can use many of their skills and others prefer to use one specialty, contract work allows these options. ************************************************************************* Professional Licensure and Corporate Practice--- Nurses and other healthcare professionals employed by us are required to be individually licensed or certified under applicable state law and we will check with the state to ensure each license is valid and has no disciplinary action against it. Our comprehensive compliance program will be designed to ensure that all employees possess all necessary licenses and certifications and comply with all applicable state laws.
Growth & Expansion:
Implement Aggressive Marketing. Build Relationships / Referral Sources. Follow franchise system. Senior Care Is A Booming Market -- This business serves the RAPIDLY growing $1.8 trillion healthcare industry. Two thirds of home care recipients are over the age of 65. Seniors represent the largest, wealthiest, and fastest growing market segment in the U.S. There are over 40 million people over the age of 65. Over 1.4 million Americans are receiving some form of home care. By the age of 85, nearly 50% need some support with everyday activities. Changes in fertility, women's labor force participation, and increases in the divorce rate have reduced ability to personally take care of older family members. The US Census Bureau shows that this is the fastest growing segment of the population today. In the year 2000, over 600 million people were over age 60. By the year 2025, there will be 1.2 billion in that age range and over 2 billion by 2050.The market for aging persons in need of home care and institutional clients is rapidly expanding. Already healthcare agencies are absolutely crucial to facilities lacking much needed staff. The baby boomers stand on the threshold of a big change. The oldest of them are nearing their 65th birthdays and their needs and wants are in flux. Their purchases will begin to revolve more around health care and housing than on rock and roll and athletic gear.
Support & Training:
NO EXPERIENCE IN MEDICAL NEEDED. Extensive training provided by franchisor.
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Business Listed By:
Patrick Sherman

Blue Stone Business Group

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