18 Nov Franchised Home Care Provider: Established, Profitable & Growing
Location: Santa Fe & North Central Region, New Mexico
Industry: Health, Wellness & Beauty
Listing ID: 1595492
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.
The gross revenue of $410,365 and the SDE of $191,944 is per the Jan. 1, thru Aug. 31, 2019 accrual-based P&Ls. These numbers are not projections.
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.
- New owners will be supported by the brand’s proven training programs, print and online marketing resources, and sophisticated, wraparound technology
- Payment sources include Private Pay, Private Insurance, and Veteran’s Aid and Assistance
Strong referral and caregiver recruitment sources in place
- Licensed by the New Mexico Department of Health
- As of Aug 2019, Seller’s Discretionary Earnings totaled $191,944. Annualized for the year, earnings are projected to exceed $300,000.
Cash Flow: $191,944
FFE: $5,000 (Included in Price)
Reason For Sale:
Seller will pursue non-competing interests.
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.
Year Established: 2015
Employees: 2 FT 18 PT
Lease Option: Yes
Office located near the hub of Santa Fe’s medical community offering easy access to most of Santa Fe’s neighborhoods.The landlord is open to selling the building.
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.
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.
Seller financing available for a qualified buyer, terms and conditions to be determined.