Well Established Adult Foster Care Family Home

Portage, MI

Copy link to this page to clipboardLink
Print Print

Overview

Year Established
2001
Employees
1 full time and 4 part time
Business Structure
Sole Proprietorship
FFE(Furniture, Fixtures and Equipment)
$25,000 (Included in asking price)
Property
Freehold

Business

Description

REAL ESTATE included in asking price! This is a Family Adult Foster Care Home, which allows a family to live in the upper part of the bi-level home and the four developmentally disabled gentlemen to live in the lower part of the home. This is an ideal opportunity for individuals who would like to stay home and raise their own children, while earning a substantial income, without the expense of daycare for the children. The contract with Kalamazoo County Community Mental Health and other government placing agencies provides a large tax-exempt income for the owner.

The family atmosphere of the home gives the four gentlemen a sense of worth. Through providing them with their meals, medications, laundry, etc., the business owner gives them a sense of worth and belonging. All the gentlemen use Metro Transit services to go out to day programs, which provides the owner time with no residents present.

Growth Prospects

-Business runs smooth and has seen moderate growth year over year, outpacing inflation
-There is potential to add residents by expanding from four beds to six beds and remain a family home

Sale

Reason for Selling

-Seller is looking to retire

Training/Support

-Current sellers have well documented support and training materials
-Sellers will provide training and support to facilitate a smooth transition

Premises

Facilities

-House has been expanded to comfortably house 4 residents with all the comforts of independent living
-3 bed 2 bath upper level is completely separates from residents to allow owner to live onsite
-Quiet Portage neighborhood with large lot

Location

Portage, MI

Copy link to this page to clipboardLink
PrintPrint

Contact The Seller

0/1000

*By clicking the Send Message button, you acknowledge that you have read, understood and accept the Terms and Privacy Policy of this site.

Listed by:

Click To See 269-903-8143

*Notice Regarding Third Party Advertisements: This Ad and all the contents are created and provided by the advertiser who is solely responsibile for the contents including without limitation, text, audio, video, images and links to other websites. We assume no liability or responsibility for the contents or the linked websites. Please click on links to Terms and Privacy Policy at the bottom of this page for additional information about the ads appearing on our sites.

Report problems with this listing

Ad Id: ga2115 | MSS-25035363-64