Profitable Adult Family Care Home With Real Estate Included
Not Disclosed, WA Clark County
Asking Price:
$2,350,000
Annual Revenue:
$1,495,000
Request More Information Contact the Seller
- RE: Profitable Adult Family Care Home With Real Estate Included
- Contact: Daniel Patten
Quick Facts
| Asking Price: | $2,350,000 | |
| Annual Revenue: | $1,495,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $491,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $800,000 | |
| Year Established: | Not Disclosed | |
| Employees: | 16 | |
| BBN Listing #: | SB-56677 | |
| Broker Reference #: | PORTLOR001-56677 |
Business Overview:
With a higher percentage of the population aging 60+ years of age and older, this has created a continually growing need for adult family care homes. As seen with consistently growing revenue and cash flows, this adult family care home has capitalized on the need for these care services with their residents are primarily those with ventilator and skilled nursing needs. With lowered expenses and a guaranteed 8% revenue growth due to the Medicaid rate going up in 2025, growth looks poised to continue for this business this year. 2 Licenses/contracts are needed outside of a general business license.The first is an AFH (Adult Family Home) license. To be able to run this AFH either a CNA, nursing license (LPN/RN), nurse practitioner, or a physician license will be needed. If CNA, 1,000+ hours are needed.Second is a PDN (Private Duty Nurse) contract. If the new owner has a CNA license they will need to contract with a nurse to have the Private duty nursing contract (PDN contract) be in the nurse’s name. There are Ventilator care adult family homes in Vancouver that are owned and operated by a CNA. The home is included in the sale price and is in excellent shape. Property is valued at $800,000.To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Starting a different businessAdditional 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
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