MergerPlace

Licensed Home/Health Care Franchise SD

La Mesa/Coronado, California


  • Asking Price: $1,100,000
  • Gross Income: $1,746,000
  • Cash Flow: $320,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #201067
  • Established: Not Disclosed
  • Employees:

Business Description

Seven-year old diversified home care agency for sale in San Diego County, California. Part of nationally known, top-rated franchise brand. The company offers home health services, non-medical home care, and medical staffing. The Franchise territory has tens of thousands of seniors over 65 years old and covers two franchise territories in Coronado and La Mesa/El Cajon. In addition, this business provides services to one of the most demographically attractive senior care markets in the U.S.

This business offers home care services for all ages from infants to seniors. Companion services include meal preparation, light housekeeping, shopping, errands and transportation. Personal care services include medication reminders, bathing, dressing, Alzheimer's care, transfers, and toileting. Home Health services include Skilled Nursing care, Physical and Occupational Therapy and Infusion nursing. Staffing services include contracts for Continuous Care, Rehab, and other long-term care facilities Speech therapy.

The business holds two State of California licenses and one accreditation, all in good standing. The operation is licensed by the Dept. of Social Services for non-medical home care, and also licensed by the Dept. of Public Health for skilled nursing care. In addition, the business is accredited for home care and home health, and the accreditation was renewed in 2014 and is valid until 2017.

The business office is fully staffed with a Customer Care Manager (Scheduler), PT Director of Nursing, Payroll/Billing Coordinator, and a full-time sales and marketing person.

This business is recognized as a community leader in delivering quality customer service and superior care, and has an excellent reputation for serving clients. Through the years, the business has developed solid referral relationships with professionals within the health care industry and surrounding senior communities. Majority of revenues come from medical Staffing and Skilled Care (Home Health), and 25+% comes from non-medical Home Care, with 5% Long Term Care Insurance related.

The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. The location has established National referral sources, a database of over 500 local referral sources, and 50 to 60 field staff, comprised of hired and trained Caregivers and Nurses on payroll. This business requires no prior home care/medical experience. Training, guidance & ongoing support will be provided by the Franchisor & the seller is willing to negotiate transition & ongoing training, as well as a Consultant role after the sale.

The location competes with other national and local businesses and sole proprietors providing home care services. Disabled adults and seniors who are 65 years and older comprise the primary market for the Company, as well as a smaller portion of younger adults with some form of disability or illness requiring assistance with daily living.

The home-care industry has exploded with the aging population. Today, with 10,000 Americans turning 65 every day, the demand for senior care is ever increasing. The US senior population currently sits at approximately 50 million and by 2030, it is expected to swell to 81 million (Source: US Census Bureau). An estimated 70 percent of people over 65 will require home-care services at some point in their lives.

The seller is selling for personal reasons but will assist during a transitional period. The Caregivers and staff, all of which are W2 employees, are available to work with a new owner.


Business Details

Primary Business Category: Health Care - Ambulatory
Location: California
Metropolitan Area: La Mesa/Coronado

Company Information

Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,100,000
Gross Revenue: $1,746,000
Cash Flow: $320,000
Seller Financing Available: No

Contact Business Seller

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Business Listed By:

Vasilis Georgiou

CrossRoads Business Brokers, Inc.