Five year old diversified home care agency for sale in Ventura/Los Angeles Counties, California. Part of nationally known, top-rated franchise brand. The company offers home care, staffing, and home health services.

This business offers home care services for all ages from infants to seniors. Companion services include meal preparation, light housekeeping, shopping, errands and transportation. Personal care services include medication reminders, bathing, dressing, Alzheimer's care, transfers, and toileting. Home Health services include Skilled Nursing care, Physical and Occupational Therapy and Infusion nursing. Staffing services include contracts for Continuous Care, Rehab, and other long-term care facilities.

The business holds two State of California licenses and one accreditation, all in good standing. The operation is licensed by the Dept. of Social Services for non-medical home care, and also licensed by the Dept. of Public Health for skilled nursing care. In addition, the business is accredited for home care and home health, and the accreditation was just renewed in 2016 and is valid until 2019.

The business office is fully staffed with a Branch Manager, Customer Care Manager (Scheduler), Director of Nursing, and Community Relations Manager.

This business is recognized as a community leader in delivering quality customer service and superior care, and has an excellent reputation for serving clients. Through the years, the business has developed solid referral relationships with professionals within the health care industry and surrounding senior communities. Majority of revenues (@ 70%) come from Non-Medical Home Care Services, 25% comes from Staffing, and 5% comes from Skilled Care (Home Health). Long Term Care Insurance payment account for 5% of revenue, and the rest is Private Pay.

The franchise territory has approximately 65,000 seniors (over 65), which is larger than a typical franchise territory office coverage, based on an average-sized home care franchise which typically only has 30,000 – 40,000 seniors. In addition, this business provides services to one of the most demographically attractive senior care markets in the U.S.

The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. The location has established National referral sources, a database of over 500 local referral sources, and 63 hired and trained Caregivers and Nurses on payroll. This business requires no prior home care/medical experience. Training, guidance & ongoing support will be provided by the Franchisor & the seller is willing to negotiate transition & ongoing training, as well as a Consultant role after the sale.

The home-care industry has exploded with the aging population. Today, with 10,000 Americans turning 65 every day, the demand for senior care is ever increasing. The US senior population currently sits at approximately 50 million and by 2030, it is expected to swell to 81 million (Source: US Census Bureau). An estimated 70 percent of people over 65 will require home-care services at some point in their lives.

The seller is selling for personal reasons but will assist during a transitional period. The Caregivers and staff, all of which are W2 employees, are available to work with a new owner.

Posted Mar 15, 2016

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