I/DD Group Home and Adult Foster Care Company

KY

I/DD Group Home and Adult Foster Care Company
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Asking Price: Get Financing: $1,100,000

Cash Flow: N/A

Gross Revenue: $1,650,000

EBITDA: $264,000

FF&E: N/A

Inventory: N/A

Established: 2003

I/DD Group Home and Adult Foster Care Company

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Business Description

All Buyers, Individual(s) or Corporation(s), must Provide Resume(s) or description of related experience, Proof of Net-Worth or Company Revenues, Proof of Funds to make the Purchase, and a Purchase Plan.

All Buyers are Introduced to the Seller based on the Buyer's submission of Information, and American HealthCare Capital reserves the right to approve or deny buyers on a case by case basis. Factors considered for approval include the Buyer's experience in the healthcare industry, direct experience in the same or similar discipline as the listing, experience with previous acquisitions, and financial ability to purchase.

Once approved, the Buyer will receive the Offering Book to review.

QUALIFIES FOR SBA FINANCING - PLEASE INQUIRE

Detailed Information

Facilities:
American HealthCare Capital is pleased to present an I/DD Group Home and Foster Care company based in Kentucky that is for sale. The company has been in business since 2003 and provides Staffed Residences, Adult Foster Care, and Adult Day Training services to I/DD individuals. They operate 8 staffed residences with a total of 24 beds some of which are used for Foster Care. Adult Day Training services are provided out of their main office building.
Growth & Expansion:
The company’s business mix is 95% Medicaid and 5% Private Pay. In 2017 the company is expected to generate approximately $1.65 Million in revenue with an adjusted EBITDA of $264,000 (15%). The current staffed residence occupancy is 8 clients and 12 clients receive Adult Foster Care services in private homes including three homes formerly used for staffed residences. Additionally, all residents receive Adult Day Training and the company receives 3-4 referrals per month.
Support & Training:
There is a full complement of staff that is expected to stay on under new ownership. The current owners serve as the Program Director, who would like to retire and the Executive Director, who would consider staying employed with new ownership.
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(from currently available funds)
 
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Jack J Eskenazi

Business Listed By:
American HealthCare Capital

American HealthCare Capital

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