Franchise Home Care Agency with VA and 10 year history!
Business Description
35+ Caregivers and 30+ clients currently with this solid home care agency.
Long-standing in home senior care franchise for sale with over 25 current clients, over $650k in annual billing & 350+ weekly billing hours. 38+ Employees (W2s) on the caregiver roster with 27 current, active on payroll. This agency is Veterans Administration accredited as part of their Veteran’s Choice / Community Care;
program (17% of revenues in 2024 came from VA clients). Long term care insurance can be accepted for this service. This business also has a prime territory in Cook County with opportunity to expand rapidly. If you are open to anything in the staffing and/or healthcare industry, this is worth a look. It provides a tremendous base to work off of and expand. A brief conversation will be required with the business broker after an NDA is signed prior to receiving the CIM. A license from the Illinois Department of Public Health (IDPH) is required to run this business.
program (17% of revenues in 2024 came from VA clients). Long term care insurance can be accepted for this service. This business also has a prime territory in Cook County with opportunity to expand rapidly. If you are open to anything in the staffing and/or healthcare industry, this is worth a look. It provides a tremendous base to work off of and expand. A brief conversation will be required with the business broker after an NDA is signed prior to receiving the CIM. A license from the Illinois Department of Public Health (IDPH) is required to run this business.
About the Business
- Years in Operation
- 9
- Employees
- 42
- Currently Relocatable
- Yes
- Franchise
- This business is an established franchise
- Market Outlook / Competition
- There are 600+ in home care agencies (home services) registered in the state of Illinois. It is a lot hard to start from scratch these days, but the need for this service with baby boomers continuing to retire (silver tsunami) is tremendous. The majority of seniors want to find a way to stay in their home this fits that need.
- Opportunities for Growth
- Locally, this agency is barely scratching the surface is its potential in a large market such as the Chicagoland area. Nationally, according to Fortune Business Insights, the U.S. home healthcare services market was valued at $90.5?billion in 2022 and is expected to reach $156.3?billion by 2030, growing at a CAGR of 7.2% from 2023 to 2030
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 200
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- 4 Weeks
Listing Info
- ID
- 2397837
- Listing Views
- 421
Listing ID: 2397837 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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