Six (6) Bedroom Residential Adult Foster Care Business

Minnesota
Adult Foster Care
Asking Price:$2,000,000
Gross Revenue:$592,113
Real Estate:$500,000
Cash Flow:$522,430
FF&E:$15,000
Established Year:1997
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Minnesota
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Negotiable
Reason for Selling
Retirement
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