Profitable Group Home Business With Beautiful Real Estate

HIGHLY PROFITABLE BUSINESS --- This group home is licensed and operating as a 5-bedroom assisted living group home. The home has 6 bedrooms, 4 bathrooms, and 2,900 square feet. Real Estate needs to be purchased in addition to the price of the business for $675k. The business is consistently profitable year to year, even during COVID, and in 2021 they exceeded 2020 income by the end of the third quarter. Currently all residents are paying cash, although the business does have a contract with AHCCCS (Arizona Medicaid, Mercy Care). As an assisted living group home, they operate 24/7 with an owner/manager and a caregiver on staff. Financing is available. Location: Glendale, Arizona Year Established: 2000 Number of Employees: 2 Real Estate: Owned Building Sq. Ft.: 2,900 Facilities: 6-bedroom, 4-bathroom home Market Outlook/ Competition: A financial institution has pre-qualified this business as SBA-eligible for the business portion, traditional real estate financing can be used for the real estate portion, financing is available for this business.