• Listing ID: 1280826
  • (Seller ref: GT)

Juvenile Residential Facility In Michigan For Sale


Location:
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Asking price:
$3,400,000
Sales revenue:
$3,300,000
Cash flow:
$900,000
Employees:
60

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Servicing counties throughout Michigan this facility was established in the mid 90’s being the first for-profit facility in the state. This business is run very efficiently with a seasoned staff, and easily competes with public and non-profit facilities. Being well respected for offering quality treatment programs, it serves over 60 adjudicated youth between the ages 10 to 17. The facilities are in excellent condition and appropriately built to maximize efficiency. There are both secured units, and open units. Property consists of over 31,000 SF on 30 acres. There is a tremendous opportunity for growth as the State and non-profits have closed many facilities in recent years often times creating a waiting list for some of the programs offered by the organization. Property expansion plans are in place for execution in 2012 which will take place with or without the sale of the business. 30 acres of property easily accommodate future significant growth when needed.

Proof of funds and a confidentiality agreement will be required before further information is provided, contact Glen Toadvine below for further information


Support & training:
Appropriate experience necessary
Financing available:
Negotiable

For more information about this business for sale, click the Contact Seller button.


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