Exceptionally well run and fully turn-key Adult Family Home operation now being confidentially offered for sale. The business owns and operates multiple Adult Family Home facilities across Southern Wisconsin with over 70 beds. They have a full management team in place including house managers, HR, maintenance staff and program staff.
The business has averaged in excess of $1.3MM in NOI over the last three years.
Revenues have averaged roughly $5MM over the last three years. Services and support for residents are paid through various public pay MCO’s. Current census has only one vacancy across all facilities.
The full portfolio is being offered as a single transaction. The owners will not break apart select facilities in multiple transactions. The portfolio offering includes: all facilities as well as an extensive list of furniture, fixtures and equipment, contracts with the MCO’s, local contacts, in place management team, facility managers, full-time maintenance team and more.
The owners are completely open to a negotiated training and transition period for a new owner as they do want to insure success for any new owner.
For additional information about this opportunity, please contact your M&A Adviser at Lakes Business Group regarding engagement #1274