Rapidly Growing Adult Foster Care

Not Disclosed, MA
Norfolk County

Asking Price: Annual Revenue:
$4,200,000 $4,559,007

Services: Professional

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RE: Rapidly Growing Adult Foster Care Broker: Lincoln Taylor

Quick Facts

Asking Price: $4,200,000
Annual Revenue: $4,559,007
Net Profit: Not Disclosed
Cash Flow: $727,200
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 20
BBN Listing #: 451926891
Broker Reference #: Not Disclosed

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Business Overview:

This medical staffing services business has been growing rapidly by providing exceptional care to clients in eastern Massachusetts for over ten years. They are licensed for Adult Foster Care (AFC), Group Adult Foster Care (GAFC)and have the Money Follows the Person (MFP) Waiver. The majority of their revenue comes from AFC, which are typically long term care engagements. AFC has seen tremendous growth during Covid. They serve about 250 clients through their network of independent contractors and have an additional staff of 20 including 5 office staff. New case referrals come through nursing homes, hospitals and word of mouth. Tremendous growth opportunities exist within each service offering.

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Property Features and Assets:

They are in a 2,500 square feet leased space that includes offices, storage and 2 bathrooms.

Market Competition and Expansion:

In the ten years since opening, they have grown steadily by providing exceptional care and earning the ongoing trust of their clients. They are well positioned within their market.

Reason for Selling:


Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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