West Michigan Adult Foster Care Business and Real Estate

Undisclosed Address, Michigan
Business Opportunity for Sale
Also listed as Special Purpose
Catylist Listing ID: 29718266
Property Subtypes: Health and Medical
Building Size (RSF): See Agent
Sale Price: $3,100,000 - 3,480,000
Year Business Established: 1995
Gross Revenue: $1,500,000 (Annual)
Cash Flow: $302,000 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Relocatable Business: Yes
Living Accomodations: Yes
Sale Terms: cash sale
Last Updated: 8/16/2017

Overview / Comments

Established Adult Foster Care Business (with real estate) for sale in West Michigan. 50+ units, fully occupied, with long standing residents. Perfect opportunity for an established AFC company to grow, or a new business to take over a turn-key business with strong financials. Seller will train Buyer if desired.
Real estate is included with the sale, with room for further expansion or split and sell excess property. Complete FF & E is included. Inventory of supplies is negotiable. Confidentiality is of utmost importance.
Properties/businesses are also available for individual purchase; six to 15 units available.
Contact Tony or Chris for more information.

Additional Details

Industry Segment: Long-Term Care Facilities
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $1,560,000
Growth/Expansion Opportunities: Adult Foster Care
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