Amazing Senior Demographics Within Exclusive Territory.
Sixteen-year old Private Duty Home Care Agency (six years under current owners) for sale in Orange County, California. Part of internationally known, top-rated franchise brand. The Company is a California state licensed non-medical home care company with two territories spanning over 140 miles and serving the south Orange County cities of: Laguna Woods, Laguna Hills, Mission Viejo, Rancho Santa Margarita, Trabuco Canyon, Coto de Casa, Mission Viejo, Laguna Niguel, Aliso Viejo, Dana Point, San Clemente and neighboring cities.
The company offers affordable services for seniors and their families who require assistance with meal preparation, medication reminders, bathing or personal cares, grocery shopping, light housekeeping, errands, Alzheimer's care, or companionship in order to remain independent & safe in their homes. The business office is fully staffed with an Operations Manager, Scheduler, Client Care Manager, Community Relations Manager and an Accountant.
Throughout its 16-year operation, the Company has become the industry leader in the local senior care community. Its excellent reputation in serving clients and with its employees, has earned this company solid relationships with professionals in the health care and senior communities. Majority of revenues (@ 80%) come from Private Pay, @ 20% from Long Term Care Insurance and other Payors.
The franchise territory has approximately 100,000 seniors, which is the equivalent of 3+ standard territories, based on an average-sized home care franchise which typically only has 30,000 – 40,000 seniors.? This office is being sold as ONE large office, but?the new owner may split it up into 2 offices is they wish. This business provides services to one of the most demographically attractive senior care markets in the Country.
The service market includes a number of large hospitals, senior centers, assisted living communities, nursing homes, memory care and skilled nursing facilities. The Business has established National referral sources, a database of over 500 local referral sources, and 65+ hired and trained Caregivers on payroll. Everyone is compliant with Licensing requirements – Finger Printing, TB Test and ongoing Training which are beyond the requirements. 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 Company is highly ranked even with the presence of other national and local businesses and sole proprietors providing home care services. Seniors needing Assistance in their Activities of Daily Living are the primary market for the Company, as well as those requiring Transition or Respite Care, Dementia Care and end-of-life Care
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 Caregivers and staff, all of which are W2 employees, are available to work with a new owner.
Asking Price $570,000
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