Adult Foster Care Family Home In Portage
REAL ESTATE included in asking price! This is a Family Adult Foster Care Home, which allows a family to live in the upper part of the bi-level home and the four developmentally disabled gentlemen to live in the lower part of the home. This is an ideal opportunity for individuals who would like to stay home and raise their own children, while earning a substantial income, without the expense of daycare for the children. The contract with Kalamazoo County Community Mental Health and other government placing agencies provides a large tax-exempt income for the owner. The family atmosphere of the home gives the four gentlemen a sense of worth. Through providing them with their meals, medications, laundry, etc., the business owner gives them a sense of worth and belonging. All the gentlemen use Metro Transit services to go out to day programs, which provides the owner time with no residents present.
Location
-Quiet Portage neighborhood with large lot
Employees
5
Home Based
This business can be run from home
Real Estate
Real Property Included
Premises Details
House has been expanded to comfortably house 4 residents with all the comforts of independent living 3 bed 2 bath upper level is completely separates from residents to allow owner to live onsite
Years Established
24
Support & Training
Current sellers have well documented support and training materials Sellers will provide training and support to facilitate a smooth transition
Expansion Potential
Business runs smooth and has seen moderate growth year over year, outpacing inflation There is potential to add residents by expanding from four beds to six beds and remain a family home
Competition / Market
Industry is expanding and quality facilities are in high demand – no competitive landscape as the need outpaces current supply Business has never had vacancies go unfilled for more than 30 days
Living Accommodation
3 bed 2 bath upper level is completely separates from residents to allow owner to live onsite
Reason for Selling
Seller is looking to retire
Financials
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