2 Location Residential Homes for the Handicap/Impaired

Phoenix, AZ (Maricopa County)

2 Location Residential Homes for the Handicap/Impaired
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Asking Price: $1,980,000

Cash Flow: $388,466

Gross Revenue: $1,543,824

EBITDA: N/A

FF&E: $263,000

Inventory: N/A

Established: 2012

2 Location Residential Homes for the Handicap/Impaired

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Business Description

This company excels at providing residential care for individuals who are medically fragile or who have physical or intellectual disabilities that require round-the-clock care. Known for high-quality and responsible care, these two homes are fully-staffed with nurses and certified nursing assistants who meet the medical and daily living care needs of the residents. This includes waking, hygiene, dressing, feeding, movement, physician visits, and social engagement. Residents are of various ages from infant to adult and are grouped in as close of age groupings as is possible. Many residents are long-term and have lived on-site for 5 or more years. All care is financially managed through the State of Arizona and billings are submitted monthly. One owner oversees business operations and does not currently provide resident care, while one owner oversees nursing and the replacement has been accounted for in the cash flow analysis.

There are two locations in this care system. Both sites are residential homes located in neighborhoods. Location one is 1,800 square feet and features four bedrooms, two bathrooms, a kitchen, living room, and office. Location two is 2,600 square feet and features three bedrooms, three bathrooms, a kitchen, living room, family room, and office. All necessary medical equipment is stored on-site for easy use by the care team. The team includes well-trained nursing staff and assistants.

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Detailed Information

Location:
Phoenix, AZ
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location 1: 1,800 sq. ft.: 4 bedrooms, 2 baths, kitchen, living, office; Location 2: 2,600 sq. ft.: 3 bedrooms, 3 baths, kitchen, living, office
Growth & Expansion:
Add another house in the services plan
Support & Training:
90 days
Reason for Selling:
Retirement planning
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Cortney Sells

Business Listed By:
Cortney Sells

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