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Top Rated Home Care Franchise – Central New Jersey

MedicalFor Sale in NJ

Listing ID: HCNJ | Broker Listing ID: BLP649123

Financial & Assets Details

$1,850,000
$142,000
$10,000

About the Business

2011
50
Yes

Business Description

Ten+ year old Accredited Private Duty Home Care Agency for sale in Central New Jersey. This business is an established franchise, part of a large national non-medical home care franchise network with offices in the US and internationally. The Company’s Franchise brand is considered today as one of the premier brands and leader in the non-medical home care industry, nationwide and internationally. The Business offers personal care and companionship services for seniors. This fantastic opportunity in home care won't last long, so time is of the essence.

The business operates out of a professional 1,800 sf office space including conference room, 4 offices, kitchen, bathroom, and interior storage space. Besides the owner, the office is staffed with a Director of Nursing and operations personnel. There are also 45 hired and trained Caregivers on payroll.

Throughout its 12-year operation, the Company has become the industry leader in the local senior care community. Its excellent reputation in serving clients and with its employees, has earned this company solid relationships with professionals in the health care and senior communities. The company consistently earns the Home Care Pulse “Provider of Choice” and “Employer of Choice” annual awards.

100 % of revenues are from Private Pay and Long-Term Care Insurance. This business provides services to one of the most demographically attractive senior care markets in Central New Jersey. The Business offers an excellent opportunity for growth as the majority of its territory has not been developed.

The service market includes a number of large hospitals, senior centers, assisted living communities, memory care and skilled nursing facilities. The Business has established National referral sources, a database of numerous local referral sources. This business requires no prior home care/medical experience.

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 retiring and will assist during a transitional period. The Caregivers and staff, all of which are W2 employees, are available to work with a new owner.

Growth & Expansion

The business offers an excellent opportunity for growth as the majority of its territory has not been developed.

Location Details:

1800 sf of office space including conference room, 4 offices, kitchen, bathroom and interior storage space

Professional office building

Lease Expiration: March 2023

Support & Training

The franchisor office provides excellent support to its franchisees starting with a comprehensive training for new owners.

Reason for Selling:

Retirement

Listing ID: HCNJ

Contact Broker

Buy or Sell a Business with Crossroads Business Brokers
CrossRoads Business Brokers, Inc. www.CrossRoadsBusiness.com Listings: 10(949) 753-2825 View My Listings

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