Small Business Deal Advisors, LLC (“SBDA”), is excited to announce the successful sale of three Home Helpers franchise territories in the Chicago, IL suburbs.
Home Helpers® Home Care is a home healthcare service that provides top quality in-home care. Home Helpers of the Chicago Suburbs was founded in 2009 and includes three connected franchise territories in Northwest, West, and Southwest Chicago suburbs. The Company provides personal care and companionship, wellness calls, 24-hour monitoring, nutrition and meal planning, and specialized care.
“Great work done by everyone, especially Doug Yntema!” commented Chris Gerardi, the seller of Home Helpers of the Chicago Suburbs, “The team set things up properly and Doug worked very hard to get me through this with information, advice, moral support and excellent communication!”
Chris thoroughly enjoyed managing the Company. With retirement on the horizon, he engaged Small Business Deal Advisors to find a successor and facilitate the sale.
The buyer, Jon Leegard, was seeking to acquire a business in a COVID-resistant industry with growth potential while also helping people. “I’m really looking forward to carrying on Chris’ legacy and investing and growing the business,” commented Leegard.
SBDA advised Home Helpers of the Chicago Suburbs on the sale through the development of marketing materials, comprehensive marketing of the acquisition opportunity, and consulting through the negotiation, due diligence, and closing periods. Franchise resale specialist and Advisor Doug Yntema led the negotiations and transaction management.
Chris added, “I received excellent communications from everyone, especially Doug Yntema! We had great preparation to go to market and a quality presentation of our business. There was a pretty quick hit with potential buyers and lots of time and effort put in by Doug and the support team. I’m very pleased to have met Jon through this process and he is a better fit for the future of the business than I imagined we’d find.”
With over 24 years of success, Home Helpers® Home Care has been the leader in home care franchising. The franchise’s success is due to its unique system, world-class training and support, experienced leadership team, and the talent and energy of the most motivated owners in the industry.
Terms of the transaction were not disclosed.