Profitable Adult Family Home with Real Estate

Bothell, WA (King County)

Profitable Adult Family Home with Real Estate
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Asking Price: Get Financing: $2,000,000

Cash Flow: N/A

Gross Revenue: $725,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $1,700,000

Established: 2009

Profitable Adult Family Home with Real Estate

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Business Description

This business will give a new owner high income and will easily pay for itself. The Adult Family Home houses ten residents and is fully staffed with experienced caregivers. Their main focus is assisted health care for disabled seniors with cognitive impairments, such as Dementia and Alzheimer’s. Residents are given assistance with meals, dressing, toiletry, bathing, and taking their medications.The Business and Real Estate being sold concurrently as a package.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
7,000
Employees:
9
Facilities:
The facility is located in a park-like setting, within the suburban city of Bothell, Washington,. Bothell is within the boundaries of both North King and South Snohomish Counties. The Real Estate is comprised of a 7,000 sq foot facility, fronting approximately an acre of land. The structure has the upgraded, doors, ramps, etc.,and many other upgrades necessary to meet State, County, and City standards for a group home. This Adult Family Homes is a legal commercial use within a residential neighborhood. The location is convenient to freeways, hospitals, yet has an abundance of trees and parks nearby.
Competition:
This is a great need for this type of business and most have a growing waiting list. This is an attractive well built facility in a desirable area to live and work.
Growth & Expansion:
There is approximately an acre of land and the facility could be expanded, or the property sub-divided.
Support & Training:
The owner is willing to stay on during transition and licensing approval period for new owner. They are also willing to lease the property for a reasonable time period, if purchaser needs or desires this.
Reason for Selling:
Downsizing business obligations
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(from currently available funds)
 
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Ron Sterling

Business Listed By:
Ron Sterling

Keller Williams Business & Commercial

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