Adult Residential Foster Care Business
Not Disclosed, MN Not Disclosed
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- RE: Adult Residential Foster Care Business
- Contact: Katie Black
Quick Facts
| Asking Price: | $2,000,000 | |
| Annual Revenue: | $592,113 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $522,430 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $15,000 | |
| Real Estate: | $500,000 | |
| Year Established: | 1997 | |
| Employees: | 3 | |
| BBN Listing #: | 982083 | |
| Broker Reference #: | 11769 MM KB |
Business Overview:
Adult Residential Foster Care business in a beautiful 6-bedroom, 4,230 square foot home including: 3 1/2 baths, family room, extra-large kitchen, rec. room, and quiet room. Beautifully landscaped, large back yard incudes patio and pond with fish. Price includes real estate. Much of the profit is TAX FREE due to the favorable IRS Code for this type of business. Approved for SBA financing. Qualified buyer must live in the home per licensing requirements. For more information, please contact Katie or Manoj.
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Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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