Kent County 12 Bed Adult Foster Care

Kent County, MI

Seller Financing Available
Kent County 12 Bed Adult Foster Care
Contact Seller

Asking Price: $625,000

Cash Flow: $116,172

Gross Revenue: $351,370

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $480,000

Established: 1993

Kent County 12 Bed Adult Foster Care

Save Print Share Valuation Report

Business Description

Turn Key, Kent County 12 Bed AFC With Approval For 15 Beds!

Turn Key Operation - Some Seller Financing Available
Licensed and operating 12 bed AFC in Kent County. Has already received city approval to expand to 15 beds. This AFC is a great opportunity for an investor or someone looking to expand their current AFC portfolio. Manager has a copyrighted operational program that allows 12 - 1 staffing ratio. The home is fully staffed and requires no owner involvement. Cash Flow through October 2018 $96,810. 3,500 sq ft. 8 bedrooms, 3 1/2 baths.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,512
Employees:
6
Facilities:
3,500 sq ft. 8 bed, 3 1/2 baths, front and back porches. Room to expand.
Competition:
Quickly growing industry with increased demand. Located in a highly populated area.
Growth & Expansion:
Already has city approval to expand to 15 beds. Potential to add on and expand to 20 beds.
Financing:
Seller is willing to finance a portion of the purchase price.
Support & Training:
Seller will provided training as needed.
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Chauncey Baldwin

Business Listed By:
Chauncey Baldwin

Vandenboss Commercial

Show Phone Number

View My Listings


Sponsoring Broker:
Kevin Vandenboss

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1583510 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


SuperCuts

Franchise Opportunity
Capital Required: $75,000