not disclosed Utah Business for sale

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not disclosed Utah Business for Sale

Elder Care Franchise

not disclosed, Utah
This national franchise specializes in professional, compassionate, non-medical in-home health care that enables clients to live independently in the comfort of their own homes. Their services include companionship, personal hygiene, assistance, errand and transportation, light housekeeping, meal planning and preparation, Alzheimer and Dementia care, doctor’s visits and more.
All of the caregivers go through an extensive screening and background check process and are trained following the franchise guidelines. Once they are hired, they are bonded and insured. They are usually 1099 independent contractors. They average 20 to 25 caregivers serving an average of 50 clients. There is one full-time office assistant.
This franchise is 3 ½ years old and has grown rapidly from $138K their first full year to almost $550K in 2011. As the baby boomer generation continues to age, the future for this industry is excellent. The current franchise territory is South Davis county and Northern Salt Lake county.
They buyer will have to be approved by the franchisor and attend a mandatory training course at the franchise headquarters. Seller financing is available for a qualified buyer.

Financials

Price: $275,000
Gross Income: $575,980
Cash Flow: $117,578
FFE: $29,566
Inventory: $0
Real Estate Value: $0
Source Data:

About the Business

Listing ID: #226
Year Established: 2008
Financing: For a qualified buyer, seller will finance $175K
Training: as requried by franchisor
Facilities: approx. 400 sf on month to month lease
Competition:
Growth:
Business Listed By
Name: Coldwell Banker Mergers & Acquisitions
Company: Coldwell Banker Mergers & Acquisitions
Phone: 801-947-8383

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The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

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