Behavioral Health Business and Group Home Portfolio for Sale #1851
Asking Price: | $3,100,000 |
Gross Revenue: | $1,800,000 |
Cash Flow: | $530,000 |
2024 Q1 Revenue: $590,000
2024 Q1 Cash Flow: $160,000
2023 Revenue: $1,800,000
2023 Cash Flow: $530,000
Sale Price: $3,100,000
Location: West Coast, Florida
• This Business employs 30+ full-time staff members with upper-level management overseeing operations and the homes, to ensure the Business is providing exceptional behavioral health treatment and rehabilitation services within their group home setting.
• The Business starting in 2024 has been operating with a maximum capacity of patients with an additional 6 beds it had not operated with in the past. The Business will also incur a price increase per patient’s daily rate, supported by Medicaid, starting July 1st.
• This Business bills Medicaid directly for its health care services and is compliant with all Florida licensure/certifications to treat intensive behavioral patients.
• Due to patient demand, the Business has seen exponential growth and economic rigidity with the acquisition of new homes and operations of those current.
• The Sellers are open to providing a formal training and transitioning period to allow the new owner(s) a proper and successful transition.
• The Business’s group home real estate portfolio is being offered for sale or lease, and a fair market rent rate is reflected in the cash flow stated above - this will remain a separate transaction from the Business acquisition.