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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 Orange, Santa Ana, and Costa Mesa. 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 25+ local referral sources, and 30+ 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.
Revenues in 2011 were $131K, with a Gross Margin of $58K. 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. Large potential growth opportunity exists with the introduction of Skilled services at the discretion of new owner.
The asking price for this opportunity is $95K. The seller would like to pursue other interests but will assist during a transitional period. The Caregivers, all of which are W2 employees, are available to work with a new owner.
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