Acquisitions Anonymous - #1 for business buying, selling and operating
Why Everyone Wants in on This In-Home Senior Care Franchise
22 Nov 2024
Exploring the Business of In-Home Senior Care | Acquisitions Anonymous Episode 349In this episode of Acquisitions Anonymous, we dive into the world of in-home senior care franchises. Our guest, franchise consultant Connor Groce, joins us to dissect a $5M senior care business for sale, analyzing its strengths, risks, and growth potential.📌 Key Highlights:- Franchise Insights: How being part of a national franchise network can help with client trust, recruitment, and government contracts.- Financial Breakdown: $5M asking price, $5.7M revenue, and $1.2M cash flow—does this deal make sense?- Growth Opportunities: The challenges of scaling within a defined franchise territory and exploring adjacent markets.- Operational Complexity: Managing a people-intensive business while navigating regulatory hurdles and payer risks.- We also discuss the pros and cons of government contracts, private pay relationships, and the nuanced dynamics of franchise territories.🔗 Resources Mentioned:Acquisition Lab: Accelerating your path to buying a business. Learn more at www.acquisitionlab.com.VISO Business Capital: Find the best SBA loan for your business acquisition at www.visocap.net.Subscribe to weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking here Do you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel. Do you enjoy our content? Rate our show! Follow us on Twitter @acquanon Learnings about small business acquisitions and operations. For inquiries or suggestions, email us at [email protected]
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