CANTON, Ohio
| Asking Price |
$2,500,000 |
Year Established |
2021 |
|
| Annual Revenue |
$1,740,000 |
Reason for Selling |
Personal |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$714,190 |
Listing Number |
1007754 |
|
| # of Employees |
|
Business Category |
Services: Children - Child Care, Education |
|
Business Overview:
SBA QUALIFIED Established healthcare residential care platform operating five (5) licensed residential homes in Stark County, Ohio. This is a legitimate, profitable business opportunity for healthcare entrepreneurs and investors seeking entry into the growing residential care market.
Business Overview:
The business operates a proven residential care model with five (5) 3-4 bedroom homes providing person-centered care to individuals with developmental disabilities and support needs. Each home is staffed 24/7 with a contracted workforce model that provides operational flexibility and scalability. The business generates revenue through government-backed Medicaid contracts with the Stark County Board of Developmental Disabilities and the Ohio Department of Disabilities and Aging.
Current Operations:
• Operating at approximately 50% occupancy capacity (25-30 residents across 5 homes)• $1.74M in annual revenue (2025 annualized)• $741K in Seller's Discretionary Earnings (SDE)• 25% net profit margin• 24/7 staffing across all locations• Licensed healthcare provider through March 2027• Active government contracts through December 2026
Revenue Model:
Primary revenue comes from government-backed Medicaid waiver services:• Residential care services• Intensive group home respite• Short-term and intensive respite care• Personal care assistance• Additional services: transportation, day habilitation, shared living arrangements
Property Features and Assets:
<p>Real Estate:• Five (5) residential homes located throughout Stark County, Ohio• Each home: 3-4 bedrooms, 1 bathroom, common living areas• Total occupancy: 25-30 residents (currently at 50% capacity)• Homes are leased (not owned), providing operational flexibility• Total annual real estate cost: $34,855 (approximately $1,200-$1,500 per home per month)<br><br>Intangible Assets:<br><br>• Healthcare provider license (active through March 2027)<br>• Government contracts with Stark County and Ohio Department of Disabilities and Aging<br>• Established client relationships and referral network<br>• Operational systems and procedures<br>• Compliance protocols and documentation<br>• Management expertise and knowledge transfer<br></p>
Market Competition and Expansion:
<p>Market Overview:<br>The residential care market in Ohio is experiencing strong demand driven by:<br>• Aging Population: Ohio's population is aging, increasing demand for senior care services• Developmental Disabilities Support: Growing need for residential support for individuals with developmental disabilities<br>• Government Funding: Stable Medicaid funding for residential care services<br>• Regulatory Barriers: Healthcare licensing requirements create barriers to entry, reducing competition<br>• Underserved Market: Significant shortage of quality residential care providers in Ohio<br></p><p>Market Size & Growth:<br>• Ohio residential care market estimated at $2.8B+ annually<br>• Growing at 5-7% annually<br>• Medicaid funding for developmental disabilities services increasing<br>• Aging population driving increased demand for senior care<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity