Listing ID: 77371
Listing # – 5170 AE
We all like to think of ourselves as professional caring persons.
So become a franchisee of a leading national highly-rated franchise in providing non-medical health care giving services to adult clients in their homes in the exponentially expanding recession resistant senior care industry.
No need to wait around for months or years as a start-up franchisee when you can have immediate cashflow in this well established resale of 14 years.
Relocatable within your exclusive protected franchise territory.
Lowest royalty fee in the industry at 3.5% monthly that drops to a low of 3% at higher volumes plus 2.5% co-op ad fee monthly drops to a low of 2% at higher volumes.
National Marketing and Branding program. Broadcast media, print and digital marketing.
First-class training, mentorship and support make this Franchise a winner.
No prior experience needed. Turn-key.
Some Seller Financing Negotiable.
Scalable depending on owner’s goals.
- Asking Price: $295,000
- Cash Flow: $90,000
- Gross Revenue: $683,232
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2008
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:35
- Furniture, Fixtures and Equipment:N/A
The venture was started in 2008, making the business 14 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people decide to sell companies. Nevertheless, the real reason vs the one they say to you might be 2 totally different things. For instance, they might state "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these might just be justifications to attempt to conceal the reality of transforming demographics, increased competition, current decrease in earnings, or a variety of other reasons. This is why it is very essential that you not depend absolutely on a seller's word, however instead, use the seller's response combined with your general due diligence. This will repaint a much more reasonable picture of the business's present situation.
Existing Debts and Future Obligations
If the current company is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your offer. Many companies take out loans with the purpose of covering items like stock, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can indicate that profit margins are too tight. Numerous companies fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to think about. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that have to be fulfilled or might cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the area attract brand-new customers? Most times, operating businesses have repeat clients, which develop the core of their day-to-day earnings. Certain aspects such as new competition growing up around the area, road construction, and employee turnover can affect repeat consumers and also adversely influence future profits. One important point to consider is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business regularly, the higher the opportunity to build a returning client base. A final thought is the general location demographics. Is the business placed in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the local median house income impact future income prospects?