Adult Foster Care Business with Real Estate

Price: $1,200,000

Location: Twin Cities Metro Area

Industry: Home Health Care

Listing ID: 15232177-SC

Listing Status: New

Description

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 youngb@vrtwincities.com or 763-464-6357 or
Sean Carey, Lead Business Broker at Sean@vrtwincities.com at 612-816-2187

LISTING DETAILS

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

Operation

Year Established: 2006

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Real Estate Included: Yes

Monthly Rent: N/A

Type of Location: Twin Cities Metro Area

Franchise: No

Summary

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

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER
There is no associated broker for this Listing.