Amada Senior Care Franchise – Industry Buyer Acquires High-Performing, Professional Home Health Care Business
Industry Expertise
Location
South of Boston Down to the Cape (Dedham, MA)
Business Broker
Situation
This family owned business, run by a husband and wife team, started by initially acquiring an independent home health care business and then expanded by purchasing an Amada Senior Care franchise home care company in their same territory. Over many years, the owners grew both businesses under the Amada brand with recruiters, schedulers and top quality caregivers. Their business success continued throughout the pandemic given their systems, processes protocols and professional reputation. In 2022, the owners decided it was time to sell so he could retire and she could pursue her next passion.
BayState Business Brokers’ Approach
Sarah Grossman, Principal at BayState Business Brokers, knew the owners very well as she was the business broker who had sold them both home care businesses years ago. When it came time to sell their Amada franchise, the owners contacted Sarah to market the business and find the right buyer. The home care industry continues to be an attractive industry for buyers given the aging baby boomer population so marketing the business attracted many interested buyers. This business was especially attractive to buyers because of its reputation for professionalism, systems and processes in place and the quality of its care givers. The owners had developed a solid and scalable business that attracted great interest from individual buyers and industry buyers.
BayState Business Brokers has deep expertise in selling franchises and was very familiar with the Amada franchise, helping to make for a smooth process in brokering the sale. Additionally, the seller’s attorney and Sarah Grossman have worked on multiple transactions over the years, including for the seller, so the team worked very well together to best serve the seller with clear and consistent communications as multiple offers were evaluated and negotiated.
Results
An industry buyer seeking to expand into the private home health care sector was thrilled to purchase this Amada home care franchise. They were impressed with the business that had been developed and are committed to continuing the legacy of the owners including providing high-quality care supported with strong and efficient operations.
