MergerPlace

Top Home Care Franchise in Santa Clarita

Santa Clarita Valley, California (Los Angeles)


  • Asking Price: $595,000
  • Gross Income: $2,395,000
  • Cash Flow: $170,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #203030
  • Established: 2005
  • Employees: 75

Business Description

Twelve-year-old Private Duty Home Care Agency for sale in Santa Clarita/Antelope Valleys, California. The Company is a licensed in-home personal care company serving both the Santa Clarita Valley and the Antelope Valley, up to the Kern County line. It also services part of Rosamond in Kern County, which is considered open territory. There is a high number of seniors in the territory, with more than 65,000 seniors age 65 & older.

The business is part of a 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 care, grocery shopping, light housekeeping, errands, Alzheimer's care, or companionship in order to remain safe and independent in their homes. The business office is fully staffed with 2 Office Administrators, and 2 Client Care Coordinators.

Over the past 12 years, the company has earned recognition and respect as a high-quality service provider and a pro-active advocate for seniors in the local senior care community. Its excellent reputation in serving clients and families has earned this company solid relationships with both health and senior care professionals including the leadership of local senior care communities, senior centers and hospital/medical facilities. Majority of revenues (@ 90%) come from Private Pay, @ 10% from Long Term Care Insurance and other payors.

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 over 500 local referral sources, and 70+ hired 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.


Business Details

Primary Business Category: Health Care - Ambulatory
Location: California
Metropolitan Area: Santa Clarita Valley
County: Los Angeles

Company Information

Year Established: 2005
Home Based: No
Franchise: Yes
Relocatable: Yes
Number of Employees: 75

Financial Information

Asking Price: $595,000
Gross Revenue: $2,395,000
Cash Flow: $170,000
Seller Financing Available: No

Property Information

Reason for selling:

retirement

Support & Training:

excellent

Contact Business Seller

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Business Listed By:

Vasilis Georgiou

CrossRoads Business Brokers, Inc.