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Top Tier Home Care Franchise in Desert Cities CA

MedicalFor Sale in Palm Springs, CA

Financial & Assets Details

$2,200,000
$259,000

About the Business

2008
85
Yes

Business Description

Franchise resale of a well-established office is available for sale and is part of an industry-leading national senior home care franchise company. The operational area is a large geographic territory, covering the entire local market for seniors. The company offers affordable home care services for seniors and their families who require assistance with safety supervision, meal preparation, light housekeeping, errands and transportation, personal care, hospice supportive services and medication reminders.

This company has an excellent reputation in the health care and senior communities, has received numerous awards and recognitions, and has a well-established and very effective marketing program. The office consistently scores highly in third-party client performance reviews. Majority of revenue comes from private pay, long term care insurance, and other payers.

This is one of the most highly desirable and demographically attractive senior care service markets in the US. The office is located in the Coachella Valley (Palm Springs and Desert Cities) with over 88,000 senior population, and has opportunities for strong expansion, as demonstrated in its recent year over year performance.

In addition to Non-Medical Home Care, the business model for this franchise also allows for services that other franchises may not offer including 1) Medical Staffing; 2) Skilled Care; and 3) Facility Concierge Services.

The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. 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 the activities of daily living.

This business requires no prior home care or medical experience. Training, guidance and on-going support will be provided by the franchisor. Franchisor provides 80 hours of pre-opening support at Franchisor Training Center as well as on-site support. In addition, the seller is willing to offer assistance with the transition after the sale.

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 whom are W2 employees, are available to work with a new owner.

Growth & Expansion

Excellent

Reason for Selling:

Personal

Listing ID: pshomecare

Listed by:

Irvine California Business Broker Vasili Georgiou
Vasilis Georgiou CrossRoads Business Brokers, Inc. www.CrossRoadsBusiness.com Listings: 8(949) 753-2825 View My Listings

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