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Senior Living Placement for sale in Plano, TX

Plano, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 625,000 $ 270,431 $ 240,621

Business Summary:
Senior living placement is a niche business that enjoys high-net profits and little competition in an ever expanding & thriving industry.An established Dallas/Ft.Worth senior industry business with a solid infrastructure, proven marketing system, and simple technology. In its seventh year with excellent cash flow, positive reputation, brand-recognition and partners referring ‘residual’ client leads. With average 80% closing ratio.Senior Living Placement provides free locator services for clients and families needing Independent, Assisted Living and/or Memory Care. We are compensated by facilities as an outside marketing service for placement. Anyone can step in and continue as an owner/operator. Or, would be great add-on to an existing senior related business. A strategic buyer could implement this new service across an existing client base and sales team for rapid expansion.A profitable business model that averages a consistent 89% net profits (avg $240k annually)! Without the headaches of advertising, inventory, equipment, large overhead, or managing employees. This is not a franchise or franchise resale.In 2016 we started increasing our placement fee's by 25%, that did not require any additional expenses. Values and numbers were averages 2014-2016, but 2016 numbers reflected the new higher placement fee. FYI, the market will allow an additional 20% net increase in placement fee. A bonus to this particular business is it is currently only servicing N, Dallas. The remaining Dallas / Ft. Worth Metroplex could immediately be developed. And/or deploy this business model into any other market. Core Business Assets:745 Facilities Database940 Senior Industry Contacts325 Referral Source Partners357 Referral Fee AgreementsVanity Phone NumberMatching Vanity WebsiteOwner will provide detailed training and transition support.Additional documents available upon request.

 

   
Year Business was Established: 2010
   
Number of Employees: 2  
   
Facilities / Terms of Lease: None  
   
Potential Growth/Expansion: Huge potential, current business is only working a small part of a large metro area. Business was a bridge until retirement, without interest or need to expand. By adding independent contractors to market your services and expand coverage to the entire D/FW area (and other markets) would dramatically increase income. A spreadsheet calculator is available to simulate income potential of expansion. Placement fees were increased 25% in 2016 with room for net increase of approx. 20% to be in line with other placement services. Financial data was averaged  
   
Competition: Compared to other businesses in the senior industry there is minimal competition. In D/FW there are few direct and indirect competitors. However, this placement service is truly unique and stands out from other competitors.  
   
Owner willing to finance: Very limited  
   
Owner willing to train: Yes  
   
Reason for selling: Retirement  
   
Seller Reference Number: bm1770280914
BusinessMart.com Listing Number: 209942
 

 

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