Business Overview:
Four transitional housing facilities plus separate treatment center with licensed staff in place for sale located in the Twin Cities Metro. The housing facilities are single family homes that have been converted to provide housing and services to clients in treatment and those exiting jail, prison and long-term homelessness. The recovery care branch of the business is Licensed under MN DHS 245G and provides Co-Occurring Intensive Outpatient Treatment Programming (IOP) services to clients with substance use and mental health disorders. Great opportunity for someone with a counseling background or a similar business looking to add licensed staff members and additional housing locations to their portfolio. 2021 revenues were $1,390,000 with a total adjusted net income of $420,000+. The asking price of $2.8M includes 4 homes, treatment center, inventory and all FF&E. Treatment Center can be sold separately from homes for $1.6M. For more information please contact Christopher Lappen or Duane Johnson.
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is 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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