Established Adult Family Home - 30 Years of Trusted Community Care
This turnkey Adult Family Home presents an exceptional opportunity to acquire a well-established healthcare business serving Spokane Valley for over three decades. Licensed for 6 residents with potential expansion to 8 beds, this facility generates strong cash flow while serving the growing demand for quality senior care.
Financial Performance:
- Annual Revenue: $326,400
- Cash Flow (SDE): $244,800
- Strong 75% cash flow margin demonstrates operational efficiency
- Medicaid-accepted facility with potential for private pay expansion
Property & Facilities:
- 3,948 sq ft residential facility with 9 bedrooms, 4.5 bathrooms
- All private resident rooms ensuring comfort and privacy
- Updated primary suite with walk-in closet and ensuite bath
- Common areas, spacious patio, deck, and large storage shop
- Office space and staff accommodations included
- Owner can live on-site
Business Advantages:
- Established since 1995 with loyal resident base and referral network
- Trusted staff already in place
- Fully equipped and furnished - ready for immediate operation
- All state licensing requirements met
- Strategic location with quick I-90 access
Market Opportunity:
Spokane County's aging population drives consistent demand for Adult Family Homes. The preference for smaller, residential-style care facilities over institutional settings creates a competitive advantage. Current financial projections show potential for significant income growth through private pay residents and possible expansion to 8-bed capacity.
Growth Potential:
- Expansion to 8 beds could increase NOI by $100,000+
- Private pay residents significantly enhance profitability
- Rising Spokane Valley real estate values build equity
This complete package includes real estate ($850,000 value), FF&E ($850,000), inventory ($545,000), and established operations. Perfect for licensed operators seeking immediate entry into the stable, recession-resistant home healthcare sector.
Seller relocating - motivated to transition to qualified buyer.
Ad#:2415744
