Asking Price: $75,000

Gross Revenue: $230,000

Gross Revenue Comments: Average of Last Three Years

Cash Flow: $35,000

Cash Flow Comments: Average of Last Three Years

Inventory: (Included in Asking Price)

FF&E: (Included in Asking Price)

Real Estate: (Included in Asking Price)

The non-profit organization, Opportunities for Work and Living (OWL, Inc.) has owned the Lexington franchise of Home Helpers/Direct Link for a number of years. The Board of OWL has determined that running a for-profit Home Helpers franchise within a non-profit environment does not fall within the continued mission of the organization, thus prompting a sale. For the past few years, Home Helpers has been neglected - while still profitable, the business has not been marketed and has not actively solicited new clients. The protected territory of the franchise includes 17 zip codes in and around Lexington (north to Georgetown, south to Nicholasville, east to Winchester, and west to Versailles) containing a population of approximately 350,000. Normally, Home Helpers grants franchise rights on the basis of a population base of approximately 175,000. Thus, this franchise offers a protected population base that is virtually double that currently available through the franchisor. The Home Helpers franchise also comes with a related Direct Link franchise - thus the in-home non-medical services of Home Helpers can be supplemented by the sale of emergency alarm services to its clients. This is an opportunity to purchase a a major national franchisor of non-medical services complete with a training staff of caregivers and an existing client base - why bother with the hassle and uncertainty (and losses!) associated with a start-up when you can take over an existing franchise with tremendous untapped potential? Both the franchisor and the seller will assist with transition and training as the buyer may wish.

Year Established: 2000

Employees: 1 full time - 14 part time

Franchise: Yes

Home Based: Yes

Management Training and Support: Training and transition services provided by both seller and franchisor.

Reason For Selling: For-profit enterprise not in the mission and goals of the not-for-profit Opportunities for Work and Learning (OWL).