Established 9 Bed Adult Foster Care Home

Description

Licensed Adult Foster Care home for sale. The business provides residential care for adults who need assistance with daily living in a home-style setting.

Facility details

• Currently licensed for up to 9 residents
• Residential care provided in a home environment
• Staff already in place to assist with daily care
• Owner currently lives on the property

The smaller resident count allows the home to provide more individualized day-to-day care compared with a larger facility.

Additional space

Three additional rooms are available in the property.

If a future owner does not need to live onsite, those rooms may potentially be used for additional residents. Any increase in licensed capacity would require approval from the appropriate state and local authorities and should not be assumed as part of the current license.

Business profile

• Recurring residential care revenue
• Existing staff structure
• Licensed healthcare operation
• Home-style residential setting
• Potential to improve occupancy and operations

A buyer could review current occupancy, staffing levels, referral sources and use of the additional rooms as possible areas for growth.

Due diligence

Buyers should verify the current license, resident census, monthly rates, staffing requirements, payroll, inspection history, care plans, insurance, property terms and any outstanding regulatory matters before closing.

Adult Foster Care licenses, resident approvals and any future increase in capacity are subject to applicable state and local requirements and may require a change-of-ownership or new licensing process.