Annual Revenue: $2,968,557
Net Cash Flow: $595,739
Industry: Health Care
Location: Middlesex County, Massachusetts
This business provides Adult Foster Care (AFC) and Group Adult Foster Care (GAFC) in the greater Boston area. They have over 150 GAFC clients and over 60 AFC clients. This is an absentee-owned turnkey business that has seen steady growth in revenue and cash flow without any sales and marketing effort. New clients come mainly through word of mouth. The business will continue to grow organically, and there is an opportunity to accelerate growth through the addition of new marketing efforts. The seller’s expectations are 80% cash at closing with no finance contingency.
Reason For Sale:
The seller is relocating out of state to work on another business opportunity.
Training & Support:
This is an absentee owner-operated business and the employees will transfer with the business assuming it makes sense for the buyer.