Intellectual Disability group homes with multiple locations
Virginia
There are a total of 4 Intellectual Disability  group homes in the Hampton Roads area.  The business provides 24 hour nursing care to the patients that live in the homes.  The fees for the patients are paid through Medicaid.  In 2021 one of the houses opened in May, and a second opens in August.   The real estate is not included.  The Sellers currently only invest about 20 hours a week on the business and that has primarily focused on expansion.  There are several key employees that ran the day to day operations and are in charge of the nurses.   The 3rd home that opened in May is already full, and the 4th home once opened in Aug the business will be projected to be at revenues of $6 million and a profit of $3 million.

Listing Number:

20685

Category:

Practice Sales - Medical/Dental/Vet

Location:

Virginia

SOLD

Financial Information:

Gross Revenue:

$6,716,863

Listed Price:

$6,895,000

Total Adjusted Net Income:

$3,705,274
Equipment / Fixtures:
$15,000

Year Established:

2015

General Location:

Virginia

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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Intellectual Disability group homes with multiple locations

Location: Virginia

There are a total of 4 Intellectual Disability  group homes in the Hampton Roads area.  The business provides 24 hour nursing care to the patients that live in the homes.  The fees for the patients are paid through Medicaid.  In 2021 one of the houses opened in May, and a second opens in August.   The real estate is not included.  The Sellers currently only invest about 20 hours a week on the business and that has primarily focused on expansion.  There are several key employees that ran the day to day operations and are in charge of the nurses.   The 3rd home that opened in May is already full, and the 4th home once opened in Aug the business will be projected to be at revenues of $6 million and a profit of $3 million.

Listing Number:

20685

Category:

Practice Sales - Medical/Dental/Vet

Location:

Virginia

Ciro 'Vic' Coppola

Office: (702) 368-2500   |  Cell: (725) 233-3333

License #: BS.0146004

Financial Information:

Gross Revenue

$6,716,863

Listed Price:

$6,895,000

Lease Information:

Square Feet:

0

Total Rent:

$0

Lease Expiration:

N/A

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$198,000

Equipment / Fixtures:

$15,000

Additional Information:

Full-Time Employees:

40

Part-Time Employees:

0

Training Period:

2 weeks

Reason for Selling:

Other Opportunities

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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