Four-year-old Private Duty Home Care Agency for sale in Roseville, California. Part of nationally known, top-rated franchise brand. The company offers affordable services for seniors and their families who require assistance with meal preparation, medication reminders, bathing or personal cares, grocery shopping, light housekeeping, errands, Alzheimer's care, or companionship in order to remain happily & safely in their homes. The business office is staffed with an office manager and full caregiving staff.
The franchise model provides the ability for owners to pursue additional revenue streams in the areas of Home Health and Placements as well if they so choose.
Throughout its 4-year operation, the Company has developed an excellent reputation in serving clients and with its employees, has earned this company solid relationships with professionals in the health care and senior communities. Majority of revenues (@ 75%) come from Long Term Care Insurance and other payors.
The franchise territory has approximately 75,00 seniors (over 65), which is the equivalent of 2 offices, based on an average-sized home care franchise which typically only has 30,000 – 40,000 seniors. This business provides services to one of the most demographically attractive senior care markets in the region, consisting of 10,000 homes in retirement communities (55+).
The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. The Business has established National referral sources, a database of local referral sources, and 25+ hired, licensed and trained Caregivers 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 Company 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.