| Asking Price |
$1,350,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$1,217,000 | Real Estate |
n/a** |
| Cash Flow |
$390,000 | Year Established | 2002 |
| FF&E |
$20,000* | Employees | 14-ft 6-pt |
* included in the asking price
** not included in the asking price
The company has grown to include three group homes with a total of twenty-four beds with a long waiting list for availability in all three homes. All three homes are up-to-date on handicap access with outside ramps, wide bathroom doors. The customer base is primarily from government programs with a few clients on private pay leases. The age range is from late teens to over seventy years. s, support rails and handicap bathing facilities.
Competition: There are other group homes in the area, but the demand for space at these group homes far out weigh the availability. All three homes are at capacity with waiting list.
Growth/Expansion: The new owner will have the opportunity to expand the number of group homes with confidence in that as soon as the new homes area completed, they will be at capacity. This is a multi-billion dollar industry that is only going to continue to grow with the baby boomer generation reaching retirement age.
Support/Training: Negotiable
Reason Selling: Other business interest

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