Your opportunity to own & operate a long-standing Adult Family Home!
Business Description
Established Adult Family Home - 30 Years of Trusted Community Care
This turnkey Adult Family Home presents an exceptional opportunity to acquire a well-established healthcare business serving Spokane Valley for over three decades. Licensed for 6 residents with potential expansion to 8 beds, this facility generates strong cash flow while serving the growing demand for quality senior care.
Financial Performance:
- Annual Revenue: $326,400
- Cash Flow (SDE): $244,800
- Strong 75% cash flow margin demonstrates operational efficiency
- Medicaid-accepted facility with potential for private pay expansion
Property & Facilities:
- 3,948 sq ft residential facility with 9 bedrooms, 4.5 bathrooms
- All private resident rooms ensuring comfort and privacy
- Updated primary suite with walk-in closet and ensuite bath
- Common areas, spacious patio, deck, and large storage shop
- Office space and staff accommodations included
- Owner can live on-site
Business Advantages:
- Established since 1995 with loyal resident base and referral network
- Trusted staff already in place
- Fully equipped and furnished - ready for immediate operation
- All state licensing requirements met
- Strategic location with quick I-90 access
Market Opportunity:
Spokane County's aging population drives consistent demand for Adult Family Homes. The preference for smaller, residential-style care facilities over institutional settings creates a competitive advantage. Current financial projections show potential for significant income growth through private pay residents and possible expansion to 8-bed capacity.
Growth Potential:
- Expansion to 8 beds could increase NOI by $100,000+
- Private pay residents significantly enhance profitability
- Rising Spokane Valley real estate values build equity
This complete package includes real estate ($850,000 value), FF&E ($850,000), inventory ($545,000), and established operations. Perfect for licensed operators seeking immediate entry into the stable, recession-resistant home healthcare sector.
Seller relocating - motivated to transition to qualified buyer.
This turnkey Adult Family Home presents an exceptional opportunity to acquire a well-established healthcare business serving Spokane Valley for over three decades. Licensed for 6 residents with potential expansion to 8 beds, this facility generates strong cash flow while serving the growing demand for quality senior care.
Financial Performance:
- Annual Revenue: $326,400
- Cash Flow (SDE): $244,800
- Strong 75% cash flow margin demonstrates operational efficiency
- Medicaid-accepted facility with potential for private pay expansion
Property & Facilities:
- 3,948 sq ft residential facility with 9 bedrooms, 4.5 bathrooms
- All private resident rooms ensuring comfort and privacy
- Updated primary suite with walk-in closet and ensuite bath
- Common areas, spacious patio, deck, and large storage shop
- Office space and staff accommodations included
- Owner can live on-site
Business Advantages:
- Established since 1995 with loyal resident base and referral network
- Trusted staff already in place
- Fully equipped and furnished - ready for immediate operation
- All state licensing requirements met
- Strategic location with quick I-90 access
Market Opportunity:
Spokane County's aging population drives consistent demand for Adult Family Homes. The preference for smaller, residential-style care facilities over institutional settings creates a competitive advantage. Current financial projections show potential for significant income growth through private pay residents and possible expansion to 8-bed capacity.
Growth Potential:
- Expansion to 8 beds could increase NOI by $100,000+
- Private pay residents significantly enhance profitability
- Rising Spokane Valley real estate values build equity
This complete package includes real estate ($850,000 value), FF&E ($850,000), inventory ($545,000), and established operations. Perfect for licensed operators seeking immediate entry into the stable, recession-resistant home healthcare sector.
Seller relocating - motivated to transition to qualified buyer.
About the Business
- Years in Operation
- 30
- Employees
- 3 (1 Full-time, 2 Part-time)
- Currently Home Based
- Yes
- Facilities & Assets
- This licensed facility accommodates up to 6 residents, with all private rooms & owner. Featuring 9 bedrooms & 4.5 bathrooms, including updated primary suite w/ walk-in closet & ensuite bath. Residents & staff enjoy welcoming common areas, spacious patio & deck, back yard & large shop for additional storage. The property includes office space, staff accommodations, owner can live on site & has been fully equipped to meet state licensing requirements. Furnished w/ appliances, supplies, & everything needed to seamlessly step in & continue operations. Shop.
- Website
- https://goldensherpa.com/results/facility/allen-adult-family-care-home-llc-spoka
- Market Outlook / Competition
- Market Outlook – Spokane County
Demand: Aging population + preference for smaller homes keeps demand strong.
Constraints: Staffing shortages, wage pressures, and regulatory compliance are the largest challenges. This home does have trusted staff already in place or you could bring in your own.
Real Estate: Spokane Valley home values continue rising; property ownership builds equity while operations generate cash flow. - Opportunities for Growth
- Even at Medicaid rates ($6,800), a 6-bed AFH in Spokane County could clear ~$174k/year if fully occupied.
Private pay residents dramatically increase profitability (~$332k/year for 6 beds).
Expanding to 8 beds raises NOI by ~$100k+ across all scenarios, provided staffing scales efficiently and the home qualifies for the expanded license.
The blended 50/50 mix ($253k/year for 6 beds vs. $376k/year for 8 beds) is a realistic middle ground in Spokane County.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 3,948
About the Sale
- Seller Motivation
- Moving
Listing Info
- ID
- 2415744
- Listing Views
- 37
Attached DocumentsAttachment Disclaimer
Listing ID: 2415744 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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