Triple Territory Established Senior Care Franchise-Pending

Austin, TX (Travis County)

Triple Territory Established Senior Care Franchise-Pending
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Asking Price: $550,000

Cash Flow: $191,449

Gross Revenue: $1,171,368

EBITDA: N/A

FF&E: $3,000

Inventory: N/A

Rent: $1,270 /Month

Established: 2005

Triple Territory Established Senior Care Franchise-Pending

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Business Description

This jewel of a business was founded in 2005 and grew steadily in an ever growing market of aging baby boomers providing non-medical in-home services. The original territory was increased to triple the normal territory size.

MASSIVE INDUSTRY! As of Spring, 2017, there are now 50 million people over the age of 65, that accounts for around 15% of the population and that number is projected to grow to 24% in 2060. Austin is ever growing and there is not a better time to get in this business.

The parent franchise has been delivering high quality care for over 25 years. Careful selection of franchisee partners has resulted in select territories awarded in approximately 60 locations only in the USA, with a highly regarded reputation.

Current ownership activities require no more than 15 hours per week, due to a well-managed team of employees.

4 Administrative employees, including Administrator/Director, Client Care Specialist, 2 Care managers. The company also employees over 85 caregivers.

Detailed Information

Real Estate:
Leased
Building SF:
1,000
Lease Expiration:
7/31/2020
Employees:
85
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1000 sq ft general office space, well located in a professional office park
Growth & Expansion:
The franchise territory is triple the normal size of currently awarded territories. Abundant growth is there for the new owner to capture
Support & Training:
Franchisor training upon approval and additional training post sale by owner for 2 weeks at no additional cost
Reason for Selling:
Retirement
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Jim Pringle

Business Listed By:
Jim Pringle

Capitol Business Advisors

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