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Michigan Business For Sale |
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| STAFF SECURED JUVENILE RESIDENTIAL FACILITY |
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| Attn: Glen Toadvine |
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| Not Disclosed, MI, USA |
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| Asking Price: |
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$3,900,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Medical, Dental, Assisted Living |
| Reason for Selling: |
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Retirement |
| Yearly Revenues: |
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$2,100,000 |
| Yearly Cash Flow: |
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$1,296,000 |
| Yearly EBITDA: |
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$1,185,100 |
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Business for Sale Overview:
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An excellent opportunity for an owner operator, or an investor. Offering a well trained, flexible staff, beautiful facilities, this business has plenty of room for growth.
After debt service the income to the owner would be in the range of $500,000-600,000. Third party financing available to qualified buyers, estimated cash required for a down payment $900,000. The property may be leased or purchased for an additional $1,250,000.
This is a confidential sale, an agreement of confidentiality must be sign and the Seller must approve the release of the Offering Memorandum before further information is provided.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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