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

MN

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

Asking Price: $1,500,000

Cash Flow: $351,055

Gross Revenue: $582,685

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2003

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

Save Print Share Valuation Report

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, rkrivo@sunbeltmidwest.com.

Detailed Information

Real Estate:
Owned
Building SF:
4,700
Employees:
7
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

Contact Seller Loading

Sunbelt Business Brokers and M&A Advisors

Business Listed By:
Sunbelt Business Brokers

Sunbelt Business Brokers

Show Phone Number

View My Listings

Listing Statistics

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


Ad#:1667497 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


Clothes Mentor®

Franchise Opportunity In MN
Cash Required: $100,000