No Royalties, no Territory Restrictions, High End Demographics.
Two and a half year old Private Duty Independent Home Care Agency for sale in Orange County, California. The company offers affordable services for seniors and their families who require assistance with meal preparation, medication reminders, bathing or personal cares, grocery shopping, light housekeeping, errands, Alzheimer's care, or companionship in order to remain happily & safely in their homes. The Company is licensed by the Home Care Services Bureau of California Department of Social Services.
Throughout its 2.5 year operation, the Company has developed a reputation for highly personalized service, high quality care and excellent response in the local senior care community. Its excellent reputation in serving clients and with its employees, has earned this company solid relationships with professionals in the health care and senior communities. Majority of revenues (@ 96%) come from Private Pay, @ 4% from Long Term Care Insurance and other payers.
Since this is not a franchise there are no royalties paid on gross revenues throwing more profit to the bottom line. Additionally there is no restrictive territory and thus the business opportunity is not limited to a small population pool but can be expanded to whatever level the new owners desire. Current owner desired to locate in Newport Beach to service the high-income areas within a 15-mile radius, which encompasses an area from Seal Beach to Dana Point along the coast and inland to Anaheim, Orange, and Tustin. This targeted market territory has approximately 240,000 seniors (over 65), which is the equivalent of 5-6 franchise territories, based on an average-sized home care franchise, which typically only has 30,000 – 40,000 seniors. This business provides services to one of the most demographically attractive senior care markets in the Country.
The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. The business has established local referral sources, and 40+ hired and trained Caregivers on payroll (numbers will vary depending on client census and total hours of service). Internet marketing continues to play an increasing role in new client acquisition. The business employs several strategies that have helped build a steady stream of leads through Internet marketing. The business revamped its website in the past year to improve capture rate of new visitors to the site. The business has excellent local SEO and high organic search rankings in its targeted market. This business requires no prior home care/medical experience. The business comes with a complete set of training DVDs and Operation Manuals that were acquired from a leading national home care agency business development company that has help launch over 600 agencies nationwide. Videos and manual cover industry knowledge, sales, marketing, staffing, office operations and administration.
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.
Asking Price $245,000
You May Also Like
Senior Companion and Home Care Services Franchise #224997 posted Jan 26, 2011
- Orange County, California, United States
- Available On Request
This franchise makes a difference in communities by providing a continuum of in-home companion and personal care services to seniors. Our caregiver employees are qualified and fully screened, and our organization is committed to designing customized care plans for each valued client. This franchise...
Senior Home Care Company - Los Angeles Area, CA #460486 posted Jan 6, 2017
- Whittier, California, United States
This top performing in-home senior care firm is riding the growth wave of expanding demand among seniors that have access to financial resources that enable them to age in place with grace. The company caregivers provide daily assistance for elderly citizens where they live. Services include but are...
Los Angeles Home Health for Sale #452843 posted Aug 31, 2016
- Los Angeles, California, United States
Los Angeles Home Health for Sale. $1,672,000 Total Revenue 2015 Medicare Certified JCAHO Accredited 96 Census 35% Medicare 65% Private Pay (40% Medicare Advantage - 25% HMO; Blue Cross PPO, Blue Shield, Cigna, United Healthcare; Capitated Medical Groups & Hospitals) Fully Staffed Currently...
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.