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Outstanding Home Care Franchise In Garden Grove For Sale

Garden Grove, California - South, US
Asking Price:
$595,000 (USD)
Sales Revenue:
$993,500 (USD)
Cash Flow:
$199,500 (USD)

Sixteen-year-old Private Duty Home Care Agency for sale in the North Orange County area of Southern California. Part of nationally known, top-rated franchise brand that is listed in the Top 200 Franchises for 2020 by Franchise Business Review. Senior care is a $55 Billion recession proof industry. This business does not require prior home care or medical experience.

This well-established office is available for sale and is part of an industry-leading national senior home care franchise company. The operational area covers the Garden Grove, Buena Park, Cypress, and Fullerton areas in Orange County, CA. The company offers affordable home care services that enable seniors to maintain their independence and dignity. They develop a personalized care plan for each client, providing services such as respite care, friendly companionship, personal care, hygiene assistance, meal planning and preparation, light housekeeping, laundry assistance, medication reminders, and assistance running errands.

This company is a well-established presence in the community and has an excellent reputation for service. The office consistently scores high ratings in online reviews and third-party surveys. The majority of revenue comes from private pay, long term care insurance, and other payers.

This service market is highly desirable and demographically attractive. The office is in central Orange County and the area has a senior population in excess of 50,000. There is ample opportunity for expansion.

The service market includes numerous large healthcare facilities -- Hospitals, Senior Centers, Assisted Living Communities, RCFE’s (Residential Care Homes), Nursing Homes, Memory Care and Skilled Nursing Facilities. The primary market consists of seniors over 65 and a smaller number of younger adults with some form of disability or illness requiring assistance with the activities of daily living.

Since its launch, the company has experienced consistent financial growth. Most revenue comes from direct billing of clients, with LTC insurance and Veterans benefits accounting for the balance. Cash flows are excellent. Potential growth opportunities exist in several areas at the discretion of a new owner.

The Company is run semi-absentee. The two owners each work on the business about 15 hours per week. In addition, they have a full-time Case Manager and a full-time Care Coordinator. Human Resources, Bookkeeping and Advertising are outsourced to trusted local partners of long standing. There are approximately 35 caregivers.

This business requires no prior home care or medical experience. Training, guidance, and on-going support will be provided by the franchisor. The Franchisor provides one week of pre-opening support at their home office as well as on-site support. The seller is willing to provide assistance during a transitional period. The rest of the staff and caregivers, all of whom are W2 employees, are available to work with a new owner.

Business Operation

Expansion Potential:

Very Strong Demographic Trends

Reasons for selling:

Other Business Interests

Employees:
35
Years established:
2004

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Excellent

Contact Information

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