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- RE: Residential & Community-Based Support Services
- Contact: Richard Halterman
Quick Facts
Asking Price: | $7,950,000 | |
Annual Revenue: | $1,929,576 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $883,979 | |
Total Debt: | Not Disclosed | |
FF&E: | $90,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2000 | |
Employees: | 18 | |
BBN Listing #: | 992541 | |
Broker Reference #: | 2003-18917 |
Business Overview:
This established Central Virginia business provides 24/7 support services for individuals with developmental disabilities in both residential and community settings. Operating since 2000, it features multiple locations with a day support program that focuses on life skills, enrichment, and social engagement.
Services include personal care, medication administration, mobility support, structured activities, nutrition monitoring, and transportation. Programs are designed to promote independence while ensuring a safe, supportive environment.The operation is fully equipped with a kitchen and meal service items, recreational materials, and office technology. Transportation is provided via company-owned vehicles.
Staffed by a reliable team, the business maintains high occupancy and consistent demand. Licensing enables community-based services, with potential for growth pending regulatory approval.
This is an excellent opportunity for a mission-driven buyer seeking to enter or expand within the developmental services sector. The sale includes real property, equipment, and intangible assets, such as goodwill. Transition support and licensing guidance are available.
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Property Features and Assets:
The business operates across multiple owned properties in Central Virginia, each thoughtfully maintained and tailored to support residential and administrative functions. These facilities include multi-bedroom homes with full bathrooms, independent apartment units, and dedicated office spaces with conference areas and storage. Many locations feature modern infrastructure, such as newer roofs, replacement windows, updated HVAC systems, and attached garages. The layout of each property supports a range of services—from group living and supported independence to back-office operations—providing both comfort and efficiency. The real estate is owned by an affiliated entity and is included in the sale. No environmental concerns have been reported, and while relocation is not recommended, there is potential for expansion through additional licensing or facility development.
Assets = $7,950,000
Market Competition and Expansion:
The business operates in a region with several other providers offering services to individuals with intellectual and developmental disabilities. One long-established nonprofit is the area’s largest provider but has faced recent challenges due to outdated service models, program closures, and a declining reputation for flexibility and individualization. Another regional nonprofit offers supported living through rental units but operates remotely, relying heavily on local managers, which has led to service consistency issues. A third provider, with a focus on individuals with high medical needs, operates under a more clinical model and offers only group home services with limited community integration.
In contrast, the subject business stands out for its person-centered, community-focused approach, consistent management presence, and broader service offerings that include group homes, supported living, and day programs. Its model aligns closely with evolving best practices and current state-level priorities, positioning it as a leader in quality and individualized care.
Following successful completion of the licensing transition, new ownership may explore expanding residential services, subject to regulatory approval. The organization already holds licenses for multiple program types, creating potential for both service diversification and geographic expansion—particularly in underserved areas across the state.
Reason for Selling:
Retirement.Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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