Suomen Yrityskaupat Oy
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For sale Successful professional foster home for children and youth

Business information

Sale topic For sale
Industry Health care, social services
Location Lapland
Person count Full-time 4 persons
Part-time workers or seasonally employed workers 2 persons
Adjusted revenue 559 000 EUR
Asking price 750 000 EUR
Goodwill 478.000 euros and the property 442.000 euros

This business offers an opportunity for a humane and profitable business with children and young people for someone in the industry, who isn’t afraid of a challenge.
A professional foster home is a form of substitute care, which is an intermediate between foster care and institutional care. It works as a normal foster home per se, but it requires stronger know-how than foster care. Therefore, it is possible to place children and young people in need of special care in a professional foster home.
Professional foster care requires a permit and must include at least two carers, at least one of which must have received appropriate training for the job and have sufficient work experience of care and education. The entrepreneur or the person in charge of the operation must live in the foster home. Other persons working in the foster home should have experience of managing child welfare matters.
In addition, the family carer must be able to be an entrepreneur. If the foster home employs external personnel, the foster home must also be able to manage employer obligations.

Asking price justification

The asking price is purely based on the expected capitalized income value, which is calculated from the operating margin.

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