Peoria - Great Operating Home Care Franchise
Peoria County, IL
| Asking Price: | $1,175,000 |
| Gross Revenue: | $2,000,000 |
| Rent: | $3,125/Month |
| Established Year: | 2001 |
| Cash Flow: | $300,000 |
| Inventory: | $2,500 |
| FF&E: | $7,500 |
Listing ID: 2092622Listing provided by BizBuySell
BUSINESS DESCRIPTION
Fantastic Opportunity!
Take control of this well performing franchised home care business with substantial revenues/cashflow and great growth prospects. The Company is a franchisee of one of the leading national home care brands.
Key acquisition benefits include a strong historical revenues, consistency in referral sources and key personnel, high brand recognition, a stellar in-market reputation and great industry/company support. The Company has a highly focused service delivery strategy resulting in reduced administrative loads and consistently excellent client experience."
DETAILED INFORMATION
Location
Peoria County, IL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,300
Lease Expiration
31/01/2024
Employees
100
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Company operates from leased offices and is "asset light". The Company has a lease on a 3,500 SF office that includes a 1,000 sf training facility.
Competition
The service area has a significant target population (65+ seniors) near the ~36,000 mark. The Company has outperformed competitors through the deployment of a focused strategy, service excellence, attention to detail, and effective marketing efforts. The success of that processes can be observed in review site ratings, which show nearly universal high approval for the services rendered. High customer satisfaction is the norm and expected at the Company. Those qualities inform and reinforce a carefully cultivated Company culture.
Growth & Expansion
While the industry is expected to experience a solid 8% national growth rate for the next 7-10+ due to favorable demographic changes, the Company has historically far surpassed that national average growth rate. The Company has also invested heavily in digital marketing assets and know-how, which will position a prospective buyer for continued success.
Support & Training
Support and training are provided from both the seller and franchisor. The sellers are eager to help you get 100% effective in your new role as owner/operator and will provide on/ off-site support for an agreed period. You will also benefit from support and training from a leading home care franchisor, well known for excellence.
Reason for Selling
Retirement
Franchise
This business is an established franchise
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