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Senior Services
Massachusetts senior-services franchise: specializes in downsizing, estate sales & relocations, stellar reputation, and a retiring owner offering a smooth transition.
Business Highlights
- Two franchises are located in Massachusetts, specializing in senior relocation, downsizing, and estate sales
- 65+ five-star Google reviews and an A+ BBB rating
- The owner works full-time along with 3 employees, with hourly billing rate of $70/hour for services
- The territory includes the highest-earning zip code in Massachusetts
- Franchise support includes corporate training, marketing, and operational mentoring
- Established local brand with strong referral network from assisted living facilities, elder law attorneys, financial planners, and real estate agents
- Purchase price includes operating businesses vs. ~$170K start-up costs for two brand new territories from the franchisor
- Owner is open to seller financing
- Owner is willing to entertain offers around 1x annual profit for a speedy transaction
Considerations / Questions to Ask
- What is the revenue mix across relocation, downsizing, and estate sales?
- Are both franchise territories under one agreement or separate?
- What ongoing franchise royalties and fees apply post-sale?
- How stable is client demand throughout the year?
- How much transition support will the seller provide?
- Are there responsibilities or relationships managed directly by the owner that are critical to the business?
- How is profit calculated, and what adjustments should be made to understand true owner earnings?
Opportunities
- Sell client leads to real estate brokers or leverage for your own real estate practice
- Expand into surrounding high-income markets
- Benefit from demographic tailwinds; baby boomer population growth over the next decade
- Add paid digital marketing and SEO to supplement networking referrals