Hot Listing

Assisted Living Facility - 95% occupancy

Asking Price$3,800,000

Cash Flow
Not Disclosed

EBITDA$320,000

Gross Revenue$1,250,000

InventoryNot Disclosed

FF&E$200,000
Included in asking price
Real Estate$3,800,000
Included in asking price
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Hot Listing

Assisted Living Facility - 95% occupancy


Asking Price$3,800,000

Cash Flow
Not Disclosed

EBITDA$320,000

Gross Revenue$1,250,000

InventoryNot Disclosed

FF&E$200,000
Included in asking price
Real Estate$3,800,000
Included in asking price

Seller Financing Available
Business Description
Well-Known and Solid!
One of a kind opportunity to own this beautiful residential senior living facility that boasts 95% occupancy, consistent financial performance, tenured leadership and staff, close proximity to the local hospital, and excess real estate to expand into related services such as memory care, adult day care, residential rehabilitation care, outpatient therapy clinic, and independent living.

In business for over ten years, this 22 apartment assisted living facility is well maintained, provides a true "homey" feel, and is supported by knowledgeable and caring leadership and staff. Six apartments are segregated and secure, and could be easily converted to a memory care unit.

List price based on Net Owner Benefit averaging $320,000 and an 9.0% cap rate, plus excess real estate at market.
About the Business
Years in Operation
11
Opportunities for Growth
Expansion into related services such as memory care, adult day care, residential rehabilitation care, outpatient therapy clinic, and independent living.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
27,000
About the Sale
Seller Motivation
Focus on other business interests
Transition Support
Leadership team in place and will continue with new owner.
Current owner / founders will support the new owners through transition.
Financing Options
Seller open to carrying back a portion of the sale price in the form of a Seller note
Listing Info
ID
2346089
Listing Views
2622

Contact Seller

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Listing ID: 2346089 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.