St. Cloud Area Adult Foster Care Facility. Bank Financing Available


St. Cloud Area Adult Foster Care Facility.  Bank Financing Available
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Asking Price: $1,500,000

Cash Flow: $351,055

Gross Revenue: $582,685



Inventory: N/A

Real Estate: N/A

Established: 2003

St. Cloud Area Adult Foster Care Facility. Bank Financing Available

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Business Description

Independently owned and operated adult foster care and supported living facility.
- This beautifully maintained, turnkey facility is located in a unique and lovely setting.
- The owners live on site in their fully private and spacious quarters and provide 24 hour care.
- The facility is a licensed Waiver Services Provider by the State of MN (245D) and provides supportive services for up to 4 adults.
- Because the owners live on site and comply with certain family adult foster care guidelines, they DO NOT pay income taxes on their earnings.
- The staff is well trained and highly dedicated and consists of 5 FT and 2 PT employees. The owners work part time in the business.
- 2018 Revenue exceeded $582k and Owner’s Cash Flow was over $350k.
- Asking Price of $1,500,000 includes the real estate, valued at $525k.
- Bank financing available for qualified buyers.
- This is a great opportunity for someone with healthcare experience to own an incredibly profitable business in a high demand industry.
- Owner willing to train the buyer to ensure a successful transition.
For more information, contact Randy Krivo, Sunbelt Business Broker, (612) 843-0075,

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Sunbelt Business Brokers and M&A Advisors

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