Licensed Home Care and Home Health Care Franchise in San Diego

El Cajon, CA (San Diego County)

Licensed Home Care and Home Health Care Franchise in San Diego
Contact Seller

Asking Price: $2,595,000

Cash Flow: $750,000

Gross Revenue: $2,845,000

EBITDA: N/A

FF&E: $10,000

Inventory: N/A

Established: 2010

Licensed Home Care and Home Health Care Franchise in San Diego

Save Print Share Valuation Report

Business Description

Very profitable with additional growth potential

Amazing Senior Demographics Within Exclusive Territory

Seven-year old diversified home care agency for sale in San Diego County, California. Part of nationally known, top-rated franchise brand, the business owns two exclusive franchise territories. The company offers home health services, non-medical home care, and medical staffing. The Franchise territory has tens of thousands of seniors over 65 years old and covers Coronado, La Mesa/El Cajon, and San Diego. In addition, this business provides services to one of the most demographically attractive senior care markets in the U.S.

The business has earned numerous awards such as Best of Home Care Provider, Best of Homecare Employer and Best of Homecare Leader by Home Care Pulse. The business also was recognized by the Franchisor with a Profit Master Award, achieving quarterly hourly award in 2018, 2019 and 2020.

This business offers home care services for all ages from infants to seniors. Companion services include meal preparation, light housekeeping, shopping, errands and transportation. Personal care services include medication reminders, bathing, dressing, Alzheimer's care, transfers, and toileting. Home Health services include Skilled Nursing care, Physical and Occupational Therapy and Infusion nursing. Staffing services include contracts for Continuous Care, Rehab, and other long-term care facilities Speech therapy.

The business holds two State of California licenses and one accreditation, all in good standing. The operation is licensed by the Dept. of Social Services for non-medical home care, and also licensed by the Dept. of Public Health for skilled nursing care. In addition, the business is accredited for home care and home health, and the accreditation was recently renewed.

The business office is fully staffed with a Customer Care Manager (Scheduler), PT Director of Nursing, Payroll/Billing Coordinator, an HR Specialist, and a full-time sales and marketing person.

This business is recognized as a community leader in delivering quality customer service and superior care and has an excellent reputation for serving clients. Through the years, the business has developed solid referral relationships with professionals within the health care industry and surrounding senior communities. Majority of revenues come from medical Staffing and Skilled Care (Home Health), and 25+% comes from non-medical Home Care, with 5% Long Term Care Insurance related.

The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. The location has established National referral sources, a database of over 500 local referral sources, and 50 to 60 field staff, comprised of hired and trained Caregivers and Nurses on payroll. This business requires no prior home care/medical experience. Training, guidance & ongoing support will be provided by the Franchisor & the seller is willing to negotiate transition & ongoing training, as well as a Consultant role after the sale.

The location competes with other national and local businesses and sole proprietors providing home care services. 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 daily living.

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

Detailed Information

Location:
El Cajon, CA
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Type of Location: Leased Square Footage: 1,612 Sq. Ft. Lease Expiration: 2024
Competition:
Highly differentiated business
Growth & Expansion:
Excellent
Support & Training:
Excellent
Reason for Selling:
Personal
Contact Seller

Contact the Seller

Contact Seller Loading

By clicking the button, you agree to BizBuySell’s  Terms of Use and Privacy Policy


Vasilis Georgiou,CM&AA, M&AMI, CBI, CBB, MBA

Business Listed By:
Vasilis Georgiou

CrossRoads Business Brokers

Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

Report an issue with this listing

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1815438

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Home Helpers Home Care

Franchise Opportunity
Cash Required: $100,000