Independently owned and operated Family Residential Facility and supported living facility.
• This beautifully maintained, turnkey facility is located in a unique and lovely setting.
• The owners live on site in their spacious quarters and provide 24 hour care.
• The facility is a licensed Waiver Services Provider by the State of MN (245D) and provides supportive services for up to 4 adults.
• Because the owners live on site and comply with certain family residential care guidelines, they DO NOT pay income taxes on their earnings.
• The staff is well trained and highly dedicated and consists of 3 FT and 1 PT employees. The owners work part time in the business.
• 2021 Revenue exceeded $605k and Owner's Cash Flow for the Business and Real Estate combined was $417k.
• Asking Price of $1,695,000 includes the real estate, valued at $700,000k.
• Bank financing available for qualified buyers with $180k down.
• This is a great opportunity for someone with healthcare experience to own an incredibly profitable business in a high demand industry.
• Owner willing to train the buyer to ensure a successful transition.
Seller Reference #MINNEMN003-N2465
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