This is a well-established Home Community Based Service business (HCBS) taking care of special needs, and disabled adults in multiple locations, some of which are leased group homes, and others of which are in-home foster care-based contracts. It provides critical adult, special-needs care in several areas of Houston.
- Asking Price:
- $1,250,000 Furniture / Fixtures included
- Sales Revenue:
- $1,218,500
- Cash Flow:
- $220,000
Property Information
- Real Estate:
-
Lease
Business Operation
- Expansion Potential:
-
There is currently enough space in the existing group homes to add two additional clients. Further growth may be possible with the addition of more leased group homes and/or additional foster care opportunities. The need to place special needs, disabled adults is significant, and the demand is certainly there to allow for this type of growth.
- Competition / Market:
-
There is a high demand for these services. Clients are on a waiting list and are chosen by the Company. All contracts are directly with the state of Texas, and all payments come from this source. This means that marketing is not necessary. There is no medical billing component. Billing is direct to the state through simple business invoices. This is a well-established business with dedicated employees who will remain on. Business can be grown by accepting more clients from the state waiting list.
- Reasons for selling:
-
Retirement
- Employees:
- 22
- Years established:
- 1997
Other Information
- Support & training:
-
Number of Weeks Seller Will Offer Training: 4
- Furniture / Fixtures value:
- $255,000 - included in the asking price
