Price: $1,200,000
Location: Twin Cities Metro Area
Industry: Home Health Care
Listing ID: 15232177-SC
OFFERING
VR Business Brokers, Mergers and Acquisitions is pleased to introduce an adult foster care home business in Minnesota with real property included.
100% Waiver Services
INDUSTRY TRENDS (1)
• Favorable Demographic Trends. In addition, the shift in family structure towards aging adults living further away from family members leads to greater demand for home-based healthcare.
• Industry Forecast. Sales for the US home healthcare services industry are forecast to grow at a 7.08% compounded annual rate from 2021 to 2026, faster than the growth of the overall economy.
• Federal Funding Proposed for Home, Community-based Care. President Biden has made a proposal to spend $400 billion over eight years on home and community-based services as part of his $2 trillion infrastructure plan
• Demand For Treatment At Home Likely To Increase. The long-term shift from hospital-based care toward treatment in homes and in ambulatory centers accelerated during the coronavirus pandemic and is expected to continue gaining momentum, according to Moody's Investors Service.
1) Vertical IQ
TERMS
Buyer should meet the requirements of 1) obtaining a 245D license in the state of Minnesota, 2) obtaining Adult Foster care certification 3) residing at the Adult Foster care home
Real Estate and Business Assets Value: $1,200,000 - NDA required to view information
Young Bebus, Managing Broker at [email protected] or 763-464-6357 or
Sean Carey, Lead Business Broker at [email protected] at 612-816-2187
Down Payment: N/A
Total Sales: $864,187
Cash Flow: $654,221
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: N/A
FFE Included: Yes
Inventory: N/A
Year Established: 2006
Non-Owner Payroll: N/A
Real Estate: N/A
Real Estate Included: Yes
Monthly Rent: N/A
Type of Location: Twin Cities Metro Area
Franchise: No
Terms and Conditions?: Buyer should meet the requirements of 1) obtaining a 245D license in the state of Minnesota, 2) obtaining Adult Foster care certification 3) residing at the Adult Foster care home
