Senior Care Services, Rewarding & Profitable!

Price: $1,700,000

Location: New York Suburbs

Industry: Service Businesses

Listing ID: 33473269-PV

This business is a well-established and highly profitable senior living services franchise that provides a free service to seniors and families by helping them find senior living communities that best suit their needs. The business is home-based, scalable with high growth potential, recession resilient, and operates with high margins and low overhead. It is a proven business model that allows owners to control their own destiny while giving back to their communities helping seniors with finding housing and care options that meet their needs

The company’s owner and employees work to establish and grow relationships with community partners to provide seniors and their families with the right resources and living solutions. Revenues are earned from the community partners they refer seniors to. With a respected brand, loyal referral network, and growing demand driven by demographic trends, this business represents a turnkey opportunity in a thriving industry.

They work with numerous partners in the healthcare industry and beyond, including health care professionals, home care services, and senior living communities to help seniors find the right senior living solutions for them, in or out of the home. The service offered eases the burden on families to find a reliable source of additional care and support. They assess needs to evaluate a senior's physical, cognitive, and emotional state, along with their financial situation, to determine the right for them.

The senior care advisors present options based on those assessments to provide a curated list of suitable living options, which can range from independent living to assisted living, memory care, or even skilled nursing facilities. The senior care advisors in this company help schedule and accompany families on tours of communities, handle logistics, and can act as a point of contact to answer questions.

Business is approved for SBA funding and the franchisee is a top performer and will assist with a transition as needed. There is also a lot of available support with operating and continuing the growth of the business through the franchise system and community

Gross Revenue: $1,000,000

Cash Flow: $425,000

Franchise: Yes

Franchise Information Franchise approval required.

Reason for Sale:

Retirement

Training & Support:

Full training and support from current owner an from Franchisor. Proven systems in place for operating and expanding the business

Year Established: 2016

Days & Hours of Operation: 7 days, 8 am to 5 pm

Owner Hours Per Week: 40

Employees: 3

Managers: Owner

Type of Location: Home Office Based, no leased location

Relocatable: Yes

Facilities Information:

This business model is home office based. The owners and employees generally work in the field with clients and community partners assisting people in finding suitable housing for their needs.

Owner Qualifications:

Desire to work within an industry helping seniors find home solutions for needs. The current owner has found the business to be highly profitable as well as highly rewarding, contributing to community wellness assisting seniors with the daunting task of evaluating and finding suitable living solutions for safe and comfortable transition from their current homes. Compassion for the people you are helping, desire to become a strong community resource for seniors as well as for facility owners, and good managerial and people skills are needed

Competition:

There is some competition in this field from other franchisors and some independents. Networking is key to building relationships that provide steady income.

Potential Growth:

Big growth potential in this industry with the two current territories in very strong areas as well as expanding into other territories. This business is a franchise leader in the network so a buyer can step in at a high level.

Financing/Terms:

Business is SBA Approved (pending buyer qualifications) and Seller financing may also be available to a qualified buyer.