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Profitable In-Home Care franchise in NC Currently off market
BUSINESS FOR SALE IN Hendersonville, North Carolina

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Listing Number: 3755

Summary - Profitable In-Home Care franchise in NC Currently off market

Profitable In-Home Care franchise in NC Currently off market
Owner started the operation of the Franchise back in March 2020. Business increased during 2020 , this year business continued to grow, Owner is overwhelmed and looking to exit. People skills are essential in running a home care business.Understanding that this industry is a relationship business, and sales and marketing, operations, and financials are critical to master if you want a successful experience. A new owner needs the ability to manage caregivers and clients, while continuing to market for new clients and staff. Seller will train new buyer for 2 weeks post closing. As demand for services grows due to the increase in the senior target demographic, the number of enterprises is expected to grow. The franchise business model will continue to gain momentum, attracting entrants. The number of adults older than 65 is expected to grow, accelerating industry growth." Source: IBISWorld Industry at a Glance.

Listing Broker

Bibiana Gillis

Bibiana Gillis
Business Intemediary Specialist

Phone: 954-596-8060

  • Category:
  • Sub-Category: Health, Medical & Dental
  • Asking Price: $450,000
  • Gross Sales: $1,303,134
  • Cash Flow: $242,000
  • County: Henderson county
  • Area: Hendersonville, North Carolina
  • FFE: $500
  • Inventory: $0
  • Real Estate: $0
  • Employees: 10 - Full-Time 10 - Part-Time
  • Facilities: office
  • Relocatable? No
  • Home Based? No
  • Market Notes: For buyers—It is not an easy business to get into and also become successful. You must wear many hats and manage several areas. It is a relationship business; therefore, one should be good at relationship building, communication, etc. "The home care scales will tip toward franchising. Care management will be a hot topic.The demand for companionship services will continue to rise.
    Home care will become ‘the glue’ that holds new models, communities together.
    New labor battles will emerge.
    Disruptors, aggregators will look to capitalize on the pandemic."
    Source: "Top Home Care Trends for 2021" by Robert Holly, February 4, 2021,
  • Growth Notes: Despite continued staffing challenges, home care is on the rise. Several emerging trends will define that ascent in the year ahead. Some of those trends will revolve around home care’s role in new care delivery models designed to treat higher-acuity patients. Others will have to do with shifts in the home care market itself and the broader U.S. economy, which is still recovering from the impact of the COVID-19 virus....Home Health Care News offers its top home care predictions for the coming 12 months below.
    Significant growth as the population ages and arguably as our health care system declines.
    The industry will continue to grow 5 percent plus.
    There is a movement toward these businesses being more hands-off for the owner, with more responsibility and compensation given to the nursing directors, which allows the owner less exposure while still ensuring a reasonable profit.
  • Support Training: 2 weeks
  • Year Established: 2
  • Financing Terms: 0
  • Reason for Selling: Personal complications
  • Inventory Included: No
  • Is Franchise Yes
  • Lender Prequalified No
  • Absentee Owner No
  • Selling Financing? No
  • Is FEE Included? No