PRICE REDUCED Established Assisted Living Facility w/ Real Estate
Business Description
Lovely, twenty-three year old retirement and assisted living facility on 7 acres in suburban central Illinois providing residential and limited memory care for seniors. Excellent reviews. The business is consistently profitable and generates NOI averaging $349k ($403k in 2024 returning to pre-Covid levels). Significant revenue growth opportunities include addition of a fifth building for skilled nursing, rehab or additional residents as well as conversion of an existing villa(s) into memory care units. There is currently a shortage of rehab beds in the area. The seller is a nurse and manages the business.
For more information, contact the listing agent Charlie Scarlett cscarlett@tworld.com with Transworld Business Advisors or our office at (636)400-6100 stlwest@tworld.com and ask about listing number 481278
Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.
For more information, contact the listing agent Charlie Scarlett cscarlett@tworld.com with Transworld Business Advisors or our office at (636)400-6100 stlwest@tworld.com and ask about listing number 481278
Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.
About the Business
- Years in Operation
- 23
- Employees
- 29
- Facilities & Assets
- FF&E Overview: Residential furniture and support equipment..
FF&E General Condition: Well maintained.
Opened in 2002, with first 4,200 sq ft building containing 8 units. Three additional buildings have been added, two with a lower levels and additional apartments. The facility has developed an excellent reputation and has been consistently full.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- retirement
- Transition Support
- Number of Weeks Seller Will Offer Training: 4
Listing Info
- ID
- 1996458
- Listing Views
- 4741
Listing ID: 1996458 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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