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Listed by:

Blue Stone Business Group

Prime Senior Care Selling For $50,000 Under Appraisal For Sale

Buffalo, New York, US
Asking Price:
$750,000 (USD)
Sales Revenue:
$1,543,015 (USD)
Cash Flow:
$278,119 (USD)

This is a MAJOR nationwide IN-HOME senior care FRANCHISE business selling for ONLY 2.7x Earnings! *The Wall Street Level Appraised Price was $800,000! The Current Listing Price is $750,000 – Translation – You Will Walk Into $50,000 in IMMEDIATE EQUITY Right Out of the Gate!
The business has been operating since 2004 and focuses on sending caregivers to a client’s personal home/residence to help them with daily life activities, such as light cleaning, food preparation, grocery shopping, walking with them and just basic companionship. The idea is to keep the individual in their own home rather than having to go into an Assisted Living Facility.

Additionally, most businesses in this industry (probably why they are in such demand) have been VERY Covid resistant and this location is no exception! In fact, due to so many issues with Assisted Living Facilities (lockouts, deaths) this business model has been overwhelmed and will likely stay this way for years and years to come…not that it wasn’t pre-covid. So, the takeaway here, is that THIS business model will likely be with us in perpetuity!

Finally, this particular location has an INCREDIBLE reputation in the community for providing this high quality non-medical in-home care and we think when you dive into this further, you’ll agree with that assessment.

BUYERS:
Time is of the essence…You may not want to wait on this business, as our last senior care transaction was under contract in 72 hours and the one prior to that in 24hours! We had one location last year that we didn’t even advertise, and it sold for full price and closed in 45 days! Translation….This is a very in-demand business model and they go fast when they are properly presented…as you see here.

POSSIBLE DEAL STRUCTURE AND RETURN ON YOUR INVESTMENT (ROI):
• Projected ROI of 51%!
• Total purchase price: $750,000
• Down payment: $150,000
• Current SDE (cash flow of the business): $278,119
• Amount financed: $600,000
• Debt service per year (annual note payment): $81,755
• SDE less debt service: $196,364
• Assume a New owner to pull $120,000 a year out of the business in wages.
• Remaining SDE (cash flow) after owner wages and paying annual debt service: $76,364; So even after paying your debt service AND taking out $120,000 in a wage you should still have $76,364 (left over) to do with as you wish; Pay down debt early, take it out in additional wages ...or go to Vegas!
• Projected ROI: 51%....Annual return of investment on your injected capital/down payment each year. A great year in the stock market would be 15% to 20% and the average is about 7%. The assumption is that you do actually work in the business similar to the way the current owner does now.
• This scenario does not include working capital and DOES assume you take over a key position in the business that will require you to be there around 30 to 40hrs a week. You can normally secure the working capital as a line of credit from the bank as part of your loan structure.
• Important: Do not take our word for it on the investment information, call and meet with your accountant and make sure he/she agrees with the outline above. Do not make any financial investment into this business where your money could be at risk until you agree with your financial advisors opinion and are comfortable with the presented numbers from the seller.

APPRAISAL:
The owner had a WALL STREET LEVEL APPRAISAL completed on the business. Wells Fargo, US Bank, Radius Bank, CIBIC Bank and about 10 other major banks use this valuation firm to do their own internal appraisals for their underwriter teams.

SALES/SDE HISTORY:
2018: $1,742,203 / $310,334
2019: $1,748,077 / $344,829
2020: $1,503,148 / $192,122
2021: $1,543,015 / $278,119
Contact Us Today for the online NDA. Check your emails - and be sure to check your spam folders also. Sale is confidential.

Property Information

Real Estate:

Lease

Location:

Suburban Buffalo

Premises Details:

Well-Established franchise. Modern, fully-equipped office. Quality caregivers, staff. Great service territory with thousands of seniors.

Business Operation

Expansion Potential:

Oversee the business on a daily basis, oversee staff, sales, marketing. Implement aggressive marketing/advertising strategies. Build referral sources. Build community relationships. Diversify services. Attend industry trade shows. Join business associations/chambers.

Competition / Market:

Franchise Business Review lists senior service businesses in the top six recession-proof industries. The senior care industry is growing and will continue to grow with the senior population expecting to grow by 25% over the next 10 years.

Years established:
2004

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Extensive training and ongoing support provided by franchisor and seller. You will be trained on all you need to know to be successful and build your business.

Contact Blue Stone Business Group

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