Six (6) Bedroom Residential Foster Care Business - 11769
Price
$2,000,000 (Business & Real Estate)
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.
Listing ID
11769
Value From Year
2023
Cash Flow
$522,430
Value of Real Estate
$500,000
Equipment Price
$15,000
Gross Sales
$592,113
Reason for Selling
Retirement
Value Of Real Estate Included
Yes
Value Of Equipment Included
Yes
Years Established
27
Full Time Employees
2
Part Time Employees
1