Established Assisted Living Facility

Business Summary

This is a one-of-a-kind assistant living facility, it is licensed for 25 beds with the going rate of $15,000 per bed. This facility has been up and running for 4 years successfully. The facility has a great profit margin currently with the potential of growth by adding 20 more beds, and also with the potential to have an absentee owner.Seller is also selling property with the business for $225,000. Buyer must negotiate with seller directly for the purchase of the property. This is an upscale facility selling at a low price for a quick sale due to personal reasons. It will not last long. Please contact the broker of this business for further information at 1-877-735-5224.

Financials


Asking Price Range:  $500K – $1.0M

Gross Revenues:  

$294,212

Cash Flow:  

$143,689

Cash Flow Type:  Sellers Discretionary Cash


Seller Financing:  Yes

About The Business


Year Established:  2010

Number of Employees:  6 – 9

Relocatable:  No

Franchise:  No

Current Real Estate:  Leased

Property:  Property For Lease

About The Sale


Management Training and Support:  The seller will train the new owner.
Reason For Selling:  Selling due to personal matters.

Photos

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Print Listing Id: 700252507