Senior Helpers began franchising in 2005. Senior Helpers is an in-home care service that is designed to give clients as much or as little help as they require so that they may enjoy living independently at home. Senior Helpers offers flexible and non-contractual services.
The Company provides the following services: assisting clients with everything from companionship to bathing to Alzheimer's and dementia care. Senior Helpers services include an in-home assessment to assist in the determination of the type and level of care needed. Our services are available anytime, including days, nights, weekends, and holidays for either long or short-term duration. Our future plans include developing a new Senior Helpers Facility at 7632 Hull Street Road, Chesterfield, Virginia 23832 by the end of 2012.
The greatest risks associated with our business today are competition and employee turnover. We feel we can overcome these risks because of our franchise support. Our biggest recognized opportunities include offering many different services and having flexible, non-contractual services.
The management team is led by Chief Executive Officer/Executive Director Dr. Louis Bradford who will join The Senior Helpers upon final construction in 2012. Dr. Bradford is currently serving as the Chief Medical Officer at Johns Hopkins in Baltimore, Maryland, specializing in elder care.
The Chief Financial Officer is Casey Banks. Mr. Banks received his MBA from the College of William and Mary in Williamsburg, VA and will come to us from teaching CPA courses at Virginia Commonwealth University in Richmond, Virginia.
The Clinical Director is Samantha Davis, LNP, joining us from The Longhorn Rehabilitation Center in Denton, Texas. She received her Masters of Nursing degree from Tuscan University. Ms. Davis brings over 15 years of clinical nursing experience to our facility.
The Program Director of the Residential Treatment Program is Jacob Connors. He is working on obtaining his MBA from The Keller Graduate School of Business.
(PM NOTE: I believe that the Executive Summary is detailed enough and written clearly so that investors will be willing to offer the capital needed to start the Senior Helpers business. The staffing solutions offer a blend of experience and knowledge to help ensure success.)
Capital Requirements
We are seeking $620,000 which will enable us to purchase 2.45 acres of prime real estate and construct a 1970 square foot facility. The duration of this project is anticipated to be ten months.
7632 Hull Street Road
7632 Hull Street Road, Chesterfield, VA 23832
• Price:
$300,000
• Lot Size:
2.45 AC
• Property Type:
Land
• Property Sub-type:
Project Description
Our project of constructing and opening a Senior Helpers facility will provide a great service to the community. In 2010, skilled nursing facilities accounted for the largest share of elder care service revenues. The fastest growth is expected in the home health care segment where gains will be driven by the growing number of older adults who choose to have nursing care brought to them, as well as the increasing uses of home and community-based Medicaid waiver to pay for care away from more expensive institutional settings.
WBS
Senior Helpers Franchise
1.1 Purchase Land 1.2 Purchase Senior Helpers Franchise
1.1.1 Hire architect 1.2.1Hire staff
1.1.2Approve Blue Prints 1.2.2Receive training
1.1.3Escavate land
1.1.4Pour concrete
1.1.5Build structure
1.1.5.1HVAC/Plumbing
1.1.5.2Carpeting
1.1.5.3Light Fixtures
1.1.6 Interior Design
1.1.6.1Artwork
1.1.6.2Window dressings
2.1Purchase Medical Equipment 2.2Purchase Cleaning supplies 2.3 Purchase Office Equipment
2.1.1Stethoscopes 2.2.1Bleach 2.3.1 Furniture
2.1.2Thermometers 2.2.2Disinfectant 2.3.2 Computers
2.1.3Blood pressure gauges 2.2.3Rubber gloves 2.3.3 Software
2.1.4Heart monitors 2.3.4 Phones
2.1.5Surgical gloves 2.3.5 miscellaneous office supplies
2.1.6Hand sanitizer
3.1 Signage 3.2Install Security System 3.3 Landscaping
3.1.1 Design signage 3.2.1 Get quotes 3.3.1Interview landscaping companies
3.1.2 Hire company to create signage 3.2.1.1 Sign Contract 3.3.1.1 Hire landscaping company
3.1.3 Install signage
(PM NOTE: The WBS is sufficient and detailed enough to break down necessary tasks into proper work packages needed to successfully construct the Senior Helpers facility.)
Cost Estimate
|Capital Cost Estimates | |
|Land |300,000.00 |
|Building |150,000.00 |
|Franchise Fee |98,000.00 |
|Medical Equipment |3,500.00 |
|Interior Design |2,000.00 |
|Office Equipment |5,000.00 |
|Cleaning Supplies |300.00 |
|Landscaping |500.00 |
|Signage |1,000.00 |
|Security System |250.00 |
|HVAC/Plumbing |2,500.00 |
|Architect |4,000.00 |
|Labor Costs | 50,000.00 |
| |617,050.00 |
(PM NOTE: I have reviewed the Cost Estimate and…
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