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Asking Price$60,000
Revenue$481,951 Established2015
Cash Flow$29,482 Employees19 full-time
FF&E$70,000* FranchiseNo
Inventory$1,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Profitable non-medical Home Aid agency consisting of a highly successful franchise and located in Northern New Jersey. The company has a gross yearly income of $481,951 which can be substantially increased with onsite ownership and an appropriate marketing system. The company provides quality service to seniors and it all starts with the right in-home care services that fall into several categories, in-home care for seniors, including services for those with special care situations caused by numerous medical conditions. Whether your loved one needs care in their home, a nearby assisted or independent living community or elsewhere, their custom homecare services are provided in many settings. Their trained in-home caregivers are prepared to handle the needs of their clients with quality professional service. Their caregivers are fully trained, and the company & franchise has a wonderful professional reputation. The company symbolizes quality professional service for a loved one who has special needs due to an illness or injury, which makes this franchise perfect for either full or part time care. Their mature care caregivers can accommodate many special physical and mental situations. With their in-home care services, a loved one will receive a customized care regimen that takes their needs and environment into account. Whether the client needs a short-term companion care plan, 24/7 live-in care or respite care, this franchise provides home care services to fit every family situation. This industry requires state government licensing approval to operate. This particular business has nineteen full & part time employees, consisting of one case manager and eighteen aids, who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll is approximately $28,250. The business has an assignable commercial lease which expires 2018-01-01 plus additional options, with a monthly rent of $600, cost per square foot is $12.00 and rent security $1,200. The company is in Northern New Jersey on a commercial avenue and the facility consists of 1,200 square feet has a capacity for approximately fifteen clients. The company’s fixed assets has an estimated value of approximately $70,000 which is based on replacement cost, franchise approval, licensing and the sale consists of a fully equipped home aid agency, which includes New Jersey state licensing, displays, shelving, POS system, tables, computers, software including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate municipal parking nearby to the business location. The company’s office is open five days per week, with hours from 9:00 am to 5:00 pm, however the business is available for messages and scheduling 24/7 hours daily. The sale includes a certificate of occupancy from the municipality and the required state and city licenses to conduct its day to day business. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent investment return to the owner operator prior to debt service. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo does Not represent this business opportunity.
Facilities:This non-retail facility which consist of 1,200 square feet is in an office complex with a modern professional appearance. This opportunity is in Northern New Jersey, Bergen County, which consists of various affluent communities with continued demand for this wonderful service.
Competition:To the best of our knowledge, due to various circumstances, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth Potential:The business presently has a limited marketing plan, basic web site and if improved can further develop the business bottom line net income.
Training/Support:The owner and franchise will remain post-closing to supply an appropriate transitional period to the new operator.
Sale Reason:The sale is due to the owner absenteeism.
Ad #97771
Seller Reference #SVS339
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Contact This Seller
Ron Cervelli
Regal Consulting Corp.
973-837-0808
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