Adult Foster Care Business, accredited by CARF, offers personalized services in MA.

Featured on BusinessForSale.com . 6 viewed

Asking Price

$1,100,000

FOR SALE - ACTIVE

Detailed Information

Location

Massachusetts, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

This Group Adult Foster Care (GAFC) business, accredited by CARF, provides personalized care and support services to individuals, known as members, in their homes to help them maintain independence. With over 40 staff members serving more than 80 individuals primarily in Middlesex, Worcestershire, and Norfolk Counties, the business receives payments from Mass Health, CCA, Fallon, United, and Tufts. Referrals for new members come from existing members, case managers, and the Department of Health, with CARF accreditation secured in October 2023 and transferable for 3 years. The business operates from a leased office space within a strip mall, consisting of 650 square feet with two offices and a shared bathroom. While not serving Essex County, potential growth opportunities include expanding the referral network by collaborating with more caseworkers and hospitals in the current service area or exploring expansion to other regions within Massachusetts. The owners are looking to sell the business but are willing to assist with the transition,

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