Hot Listing

20+/- Bed Residential ALF for Sale in Lee County

Asking Price$1,750,000

Cash Flow
$193,601
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$609,675

InventoryNot Disclosed

FF&E$50,000
Included in asking price
Real Estate$1,300,000
Included in asking price
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Hot Listing

20+/- Bed Residential ALF for Sale in Lee County


Asking Price$1,750,000

Cash Flow
$193,601
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$609,675

InventoryNot Disclosed

FF&E$50,000
Included in asking price
Real Estate$1,300,000
Included in asking price
Business Description
KW Commercial and My ALF Consultant are exclusively offering this 20 plus or minus bed residential assisted living for sale in Lee County, FL.

The facility is well-established and has been in continuous operation for over 25 years. The property offers of 14 bedroom units and 10 bathrooms in a great layout perfect for a RAL buyer. The facility is has good cashflow with great upside. The owners have approval and blueprints to expand the facility to 27 beds. The property offers ample parking and a large sign that provides good visibility to passing traffic.

The ALF is located in a very populated central part of Lee County close to many homes and healthcare services. If you have healthcare experience, you may qualify for SBA financing with as little as 10% down payment.
About the Business
Years in Operation
34
Number of Employees
10
Facilities & Assets
All facility furniture fixtures and equipment.
Living Room, Dinning Room, and bedroom furniture. Some furniture belong to residents. Owner will provide a FF&E List during Due Diligence.
Generator and Fire Safety
New Resident Call System
Opportunities for Growth
Expand up to 27 beds with some room addition to the existing building. The owners have engineering and blueprints for the expansion plans. These can be provided during DD.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
4,832
About the Sale
Seller Motivation
Owners want a bigger facility.
Transition Support
Owner will provide transition support after closing. Time period to be negotiated. Current manager on staff will remain to allow for a smooth transition.
Listing Info
ID
2310873
Listing Views
1882

Contact Seller

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Business Listed by: Sunny Gandhi KW Commercial

Listing ID: 2310873 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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