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Listed by:

Blue Stone Business Group

Established - Top Brand - Senior Care For Sale

Springfield, Massachusetts, US
Asking Price:
$295,000
Sales Revenue:
$1,410,844
Cash Flow:
$126,875

Highlights: Highly sought after business model - in-home senior care (franchise resale).

This is one of the top franchise brands doing in-home senior care in the nation and with non-stop TV advertising.

In fact, you’ve probably seen their ads this week.

The company has many active clients and a great roster of high-quality caregivers, as well as trained/seasoned staff.

The business 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.

Note to buyers: The seller has gone through some deep personal issues that have unfortunately left the company struggling to find its way leading to a very good deal for you.

Because we specialize in this business model, we’ve identified several areas to correct, which, with your sleeves rolled up, we believe will lead this company to a solid upward growth trend and a profit margin that should start to drop about $253,000 (vs. the weighted average of $126k) in earnings for you without an increase in sales.

We figure that with these changes made directly, you could see the $253,000 this year, and that would make this deal about a 1x multiple (anything under 2x is usually a steal).

Have a conversation with us and see if you agree. And of course, before you ever put any money at risk on this deal, you’ll want to talk to your accountant, but we feel you’ll come to a positive conclusion.

We’ve worked with over 150 of these non-medical senior care franchises and have the statistics to help bear this out.

Keep in Mind: This really is not a business for someone ‘new in business’ - This is going to be a project that would need a more seasoned operator - even though the franchise does a very good job of training.

*PRICES/SDE ARE REFLECTIVE OF A TWO YEAR (2022/2023) 50/50 WEIGHTED AVERAGE

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Non-Disclosure Agreement (NDA) is required. The sale is confidential, which is why we are not publishing sensitive financial information or the name.

Information was provided to qualified buyers with an NDA in place.

*All information, data, financials, valuations, appraisals, inventory, FFE/assets/equipment, real estate values, etc. must be verified with the seller and buyer's own professional independent advisors, CPA, etc. Gross Revenue and Cash Flow stated by the seller. Buyers should always verify all information with the seller and their own advisors before putting any money at risk.

Contact us today for the NDA For Details. We will email the short 3-minute online NDA form shortly after we receive your request.

Please be sure to check your spam/junk folders also.

Property Information

Real Estate:

Lease

Premises Details:

Well-Established. Super nice, modern, well-equipped and nicely decorated offices. Plenty of parking. Trained staff, and many quality caregivers.

Business Operation

Expansion Potential:

Implement aggressive marketing/advertising strategies. Build referral sources. Build community relationships. Diversify services. Operate the business on a daily basis – oversee the staff, etc.; 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.

Reasons for selling:

Retirement

Years established:
1999

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

YOU DO NOT NEED ANY EXPERIENCE IN THE MEDICAL INDUSTRY. Experience owning/operating a business for this particular location would benefit. Also, the franchisor does provide extensive training and ongoing support. Seller willing to train during transition.