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Top Rated Home Care Franchise
Franchise (combined) resale of two well-established territories available for sale. Territories are 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 with favorable household incomes. 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, with flexibility in providing shifts as short as three hours up to and including full 24/7 service.
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 with additional support offered through the corporate office. The office consistently scores high in third-party client and caregiver performance reviews. The revenue mix is 3% Veteran Administration, 6% Medicaid (IRIS, self-directed program), 10% ADRC (Aging and Disability Resource Centers), 15% Long Term Care Insurance plans and remaining is Private Pay
These territories service seniors in a centrally located Midwest market, offering potential owners a good cost of living and strong school systems throughout, if school systems need to be part of a sale consideration. The office services over a 100,000-senior population, and has opportunities for strong expansion, as demonstrated in previous year over year performance.
Besides the Owner, the office is staffed with a FT Area Manager/Care Coordinator, a FT Human Resource Manager, and a PT Scheduler
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. Seniors who are 65 years and older comprise the primary market for the Company.
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.
Monthly Rent: $1,325
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