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Asking Price$475,000
Revenue$410,365 Established2015
Cash Flow$191,944 Employees2 full, 18 part
FF&E$5,000* FranchiseYes
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Work with one of the top brands in home healthcare services. Highly ranked by national publications, this innovator in the field enjoys a 99% patient satisfaction rate. This Santa Fe franchisee has a base of 25 clients, exclusively hires Certified Nursing Assistants, and has developed a strong referral network. This company's affordable solutions and white glove services have secured it a strong and growing market position in the affluent community of Santa Fe. Enjoy a rewarding career making a difference in people's lives. Provide families with peace of mind, help seniors and disabled adults remain in a familiar and comfortable environment, and provide family caregivers with needed respites. The gross revenue of $410,365 and the SDE of $191,944 is per the Jan. 1, thru Aug. 31, 2019 accrual-based P&L. These numbers are not projections for the full year.
Competition:This business has been able to differentiate itself from the competition through its hands-on involvement in delivering a superior customer experience. The employment versus contract model for its caregivers helps minimize turnover; programs and dedicated employees are in place to maintain strong ties to the Veteran community; and strong corporate print and online marketing helps it to promote this local brand in its service area.
Growth Potential:New owners will take over a business that is enjoying robust organic growth. According to the market research firm IBISWorld, this sector will enjoy an annual 10.5% growth rate through 2022. People are living longer, the number of Americans aged 65 and older is growing, and healthcare is shifting to minimize hospitals stays. Against these demographic and industry changes, more seniors and disabled adults are looking to stay in their own homes and maintain independence for as long as possible. New owners will also be inheriting the territory for Los Alamos and White Rock. This is an affluent, underserved community with high, untapped demand for these services.
Training/Support:Training and support will be provided during the transition phase. New owners will enjoy comprehensive onsite training at the brand’s headquarters supplemented by strong ongoing training for owners and staff.
Seller Financing:As of August 2019, this business has generated nearly $192,000 in Seller's Discretionary Earnings.
Sale Reason:Seller will pursue non-competing interest in a different market.
Ad #108965
Seller Reference #SANTAFE001-N192
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Michael Greene
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