Listing Number: 3233-490739
Description
A profitable and well-established in-home senior care services provider is ready for its next owner!
2023-present highlights for the Chicago Metro franchise business includes:
• 2022 annual revenues up over 45 percent from 2021;
• 2023 annual revenues projected to increase by over 10 percent (>$700,000) over 2022;
• 2022 Seller’s Discretionary Earnings (SDE) up over 50 percent from 2021;
• 2023 SDE projected to increase by over 20 percent (>$65,000) over 2022;
• Compound annual growth rates, 2018 through 2022 – revenues, 26 percent and SDE, 17 percent;
• Net client increase along with commensurate increase in support team to accommodate;
• Over 40 current clients;
• 30+ Employees (W2s);
• Veterans Administration accredited as part of their Veteran’s Choice / Community Care; program (over 20% of revenues comes from VA and current rates for VA clients are at $40/hr.)
• Partially approved for Medicaid; and,
• Currently scheduling over 400 hours a week of care.
Franchisor with a more than twenty year track record and a Chicagoland owner now in her fifth year will provide the necessary training and support to ensure a smooth transition for its growing, loyal customer base.
Owner willing to provide seller financing to qualified buyers.
Call for more details!
Listing Details
- Price: $ 225,000
- Down Payment: $200,000
- Sellers Discretionary Earnings: $ 53,325
- Total Sales: $ 654,826
- Location: Cook County, Illinois
- Inventory: $ 1,000
- FF&E: $ 1,000
- Employees: 35
- Year Established: 2016
- Reason for Selling: Pursuing other interests.
- Category: Medical Related Biz
