Home Care Franchise In Orange County For Sale

Business description

Four year old Private Duty Home Care Agency for sale in Orange County, California. Part of nationally known, top-rated franchise brand (with non-medical and skilled divisions), which is ranked by Franchise Business Review in the top 5 in terms of growth. This business has a franchise territory that covers a big part of Orange County and it services one of the most demographically attractive senior care markets in the Country.

The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. The Business has established 10-15 National referral sources, a database of 200+ local referral sources, and 200+ hired, trained Caregivers on payroll through ADP. Senior care is a $55 Billion recession proof industry. This business requires no prior home care/medical experience.

Since its launch, the company has experienced dynamic financial growth. Revenues in 2009 were $600K, in 2010 over $1MM, and in 2011 close to $1.3MM. In 2011 more than 95% of their revenues were cash based (42% of which from LTC insurance cases), while the remaining 5% came from childcare services associated with a National Employee Assistance Program. Client counts range from 30 to 40 in a given week. Large potential growth opportunity exists with the introduction of Skilled services at the discretion of new owner.

With professional offices strategically located , the company provides both long and short term care to their clients, most of which receive between 8 and 24 hours of care per day.

The asking price for this opportunity is $745,000, with Seller s Discretionary Earnings at $210,000. The seller would like to pursue other interests but will assist during a transitional period. The rest of the staff and caregivers, all of which are W2 employees, are available to work with a new owner.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

New Ventures

Employees:

50

Years established:

2008

Other information

Support & training:

Excellent

Related documents:

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Relocatable:

This business can be relocated.