Transitional Housing Facilities & Treatment Center

Not Disclosed, MN


Asking Price: Annual Revenue:
$2,800,000 $1,390,000

Services: Medical, Dental


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RE: Transitional Housing Facilities & Treatment Center Broker: Chris Lappen or Duane Johnson

Quick Facts

Asking Price: $2,800,000
Annual Revenue: $1,390,000
Net Profit: Not Disclosed
Cash Flow: $420,000
Total Debt: Not Disclosed
FF&E: $6,500
Real Estate: $1,800,000
Year Established: 2011
Employees: Not Disclosed
BBN Listing #: 875228483
Broker Reference #: 11373 DJ CL

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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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