MergerPlace

Non-Medical Homecare Franchise

Michigan


  • Asking Price: $97,000
  • Gross Income: $490,000
  • Cash Flow: $78,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $20,000
  • Listing ID: #214011
  • Established: 2002
  • Employees: 39

Business Description

Great opportunity to acquire a well established non-medical homecare franchise with two major revenue streams servicing not only seniors, but all ages! Services include regular non-medical care, as well as distribution and installation of an exclusive line of personal emergency response, medication monitoring and vitals monitoring systems.
This is a turn-key established business with excellent books and records. In addition to 36 care givers, office personnel consist of operations manager and 2 full time clinical leads with both field and office responsibilities. The owner is focusing on financial aspect of the business, customer contracts and making key decisions for the company.
All infrastructure is in place including office setup, management personnel, beautiful website and corporate support.
This particular franchise territory is one of the best and largest in the state and covers very lucrative areas of Oakland and Macomb Counties. The franchise system offers excellent continuing education training and support. Prior experience is not required. This business opportunity would be ideal for anyone looking to get into this growing industry or as an add-on to an existing operation.


Business Details

Primary Business Category: Services - Other Services
Location: Michigan

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 39

Financial Information

Asking Price: $97,000
Gross Revenue: $490,000
Cash Flow: $78,000
FF&E: $20,000
Seller Financing Available: No

Property Information

Facilities:

Currently the business operates out of a well maintained leased space at $670 per month plus maintenance costs. The lease terms are on a month to month basis allowing the new owner to maintain business in the same space or move operations anywhere within the territory

Growth & expansion opportunities:

Distribution and installation of the PERS product could be greatly expanded. The cash flow could be significantly increased if the new owner puts additional focus on marketing the service line

Competition:

Although competition exists, this franchise offers unique services, a superb reputation and an established name with a lot of referral business

Reason for selling:

Other business interests

Support & Training:

Seller and Franchisor will provide adequate training to insure smooth transition

Contact Business Seller

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Business Listed By:

Tanya Popov

Inix Consulting and Brokerage