Listing Number: 9525-397266
Description
For sale by the retiring owner is a unique opportunity comprising two debt-free, well-established businesses along with accompanying real estate. The first business is a group home catering to adults with developmental disabilities, offering a tranquil and supportive environment for residents. With over two decades of operation, the group home boasts remarkable stability and profitability. Fully staffed with minimal turnover, the business is exclusively funded through Medicaid, with clients provided by the state, thus eliminating the need for marketing efforts.
In addition to the group home, the package includes a thriving day care center catering to adults with developmental disabilities. Operating since 2007, this center provides social and life skill training and personalized care, ensuring the well-being and happiness of its clients. Like the group home, the day care center enjoys exceptional financial stability, with all costs covered by Medicaid and a consistent stream of clients facilitated by state referrals. With absentee ownership potential, these businesses offer a rare chance for passive income generation and wealth creation while making a meaningful impact in the community. The combined package presents an enticing investment opportunity for those seeking both financial success and the satisfaction of providing a vital public service.
Listing Details
- Price: $1,000,000
- Down Payment: $1,000,000
- Sellers Discretionary Earnings: $323,776
- Total Sales: $882,003
- Location: Virginia
- Inventory: $0
- FF&E: $198,949
- Employees: 10
- Year Established: 2001
- Reason for Selling: Retirement
- Category: Medical Related Biz,Real Estate Related
