A substantial aged care franchise business, already operating and located in Townsville, has come to market.

As part of the aged care sector, the Right at Home business’ stated mission is to ‘Improve the quality of life of those we serve.’

And in describing the role played in the sector, the business is a ‘leading provider of quality in-home care.’

Representing the franchise owner of the Townsville, QLD location (in the suburb of Kirwan), Mike Fuller, franchise consultant and broker, has a unique take on this specific opportunity that has just come to market.

“The thing that gets me is that this is a sector, the aged care sector, is that it is going to continue to grow. This growth has been talked of continuing until at least 2050 with the ageing of our population.”

Mike’s unique take on the business and sector is sharply focused after bringing another international aged care provider to Australia in 2010. He knows the sector very well.

“This Right at Home business in Townsville is turning over $5.5million a year and growing, and is currently listed for sale at $2,950,000 (as at 3 March 2023).”

The Opportunity

In explaining the value proposition, Mike explains further.

“The way I like to think about it, and I've had quite a bit to do with aged care obviously, is that this is a great opportunity to get in on an already established business.

It has a large number of staff and in the right structure and leadership, suggests it could also be run under management.

The business has strength as a part of a global brand offering a broad range of quality in home care services. And given that the primary function of the business is to assist people to maintain their independence at home, this is of course an in-demand service well into the future.

Also, as an approved aged care provider, the majority of clients are government funded home care package clients.

As a business supported by a wide range of health support services in Townsville, the business receives a high volume of referrals for new clients.”

Who’s showing an interest?

As far as the type of buyer looking at this business, Mike has had some interest almost immediately to market.

“Interestingly for this business, given the sector, it has numerous complementary services and support businesses that plug in in some way. 

For example, we’ve already had interest from pharmacy groups and medical practice groups.”

If you’d like further information about the opportunity, you can contact Mike Fuller direct on 0488 777 277 or mike@fulrgroup.com.au