Turn Key In-Home Senior Care

Torrance, CA (Los Angeles County)

Seller Financing Available
Providing Vital Services to Seniors
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Asking Price: Get Financing: $219,000

Cash Flow: $109,314

Gross Revenue: $474,909

EBITDA: N/A

FF&E: $5,000

Inventory: N/A

Lease Rate: $1.06 /SF/Month

Established: 2007

Turn Key In-Home Senior Care

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Business Description

Highly ranked nationally for the franchise, this company provides professional, warm and compassionate non-medical care that enables their clients to live independently in the comfort of their own home. Services offered may be hourly or around the clock. Caregivers are employees of the company (not subcontractors) and undergo background checks and interviews that seek to match their interests with those of their clients. The competitive edge enjoyed by the business has resulted from the selection of professional, enthusiastic and compassionate employees (staff and caregivers) who are well-trained, bonded and insured, along with a high level of consistent service. In addition this franchise location territory is in a lucrative area of Los Angeles County allowing the owners to enjoy higher margins than usual in the industry. An adjacent territory is not owned so the owner may obtain business clients from that territory also. Due to the reputation the owners have built in the area, automatic referrals come from local hospitals. The franchise transfer fee of $22,500 is to be paid to the franchisor by the Buyer (includes training and administration of new agreement).

A new owner must possess general management experience and have a positive, supportive personality. If you fit that description and would like to be part of this growing, socially and financially rewarding industry, you are in the right place at the right time. Please call Betty Villani, Broker at 909-980-6040 or reply to this listing.

Detailed Information

Real Estate:
Leased
Building SF:
750
Lease Expiration:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facilities are located in an office complex on a major street. The 750 square foot office is on a month-to-month lease at $800 per month.
Competition:
By creating an excellent reputation for service and consistency of care within the general community and within the professional community, the business has been able to stay far ahead of most competitors in the geographic area. The franchise is noted for its Alzheimer’s expertise and Parkinson’s care and train their franchisees to understand the need for clients afflicted with these disorders. This location works with many local doctors, nurses, social workers and other health care professionals who regularly refer their patients in need of help.
Growth & Expansion:
U.S. Census Bureau figures indicate that almost one in five Americans, or about 70 million people, will reach the age of 65 in the next 20 years. A high percentage of these seniors will need in-home assistance. The health of this industry will remain strong regardless of the health of the US economy due to the demand for services. Current owners are mostly absentee due to the demands of another business venture. A hands-on owner who is proactive would have a significant impact on the volume and profitability of the business.
Financing:
Owner will carry a small secured note for a well qualified buyer.
Support & Training:
Operational owner will stay at no additional cost for 25 hours per week for four weeks to transition the business and will assist new owner with the California State licensing process. Franchise provides formal training at headquarters for all new owners.
Reason for Selling:
Owners have another business that is rapidly expanding and demanding more of the
Franchise:
This business is an established franchise
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Contact the Seller

(from currently available funds)
 
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Betty K. Villani

Business Listed By:
Betty Villani

Business Venture Group, Inc.

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