Highlights of Business
• Business is well established (40+ years) and well run with experienced, capable, dependable employees
• Business’ focus is a niche focus – mentally and developmentally disabled rather than only seniors
• On track for best sales year ever in 2025
• Few employees needed to operate the business
• Facility is in excellent condition, requiring no immediate upgrades or renovations
• Prime location
• Low maintenance facility because it is in excellent condition
• Special 25 year financing on both business and real estate per SBA rules
• Consistent high profitability
• Established reputation with loyal referral network
• Immediate profitability. Take over one day, be profitable the next
• Clean books and records
• Seller will train
• Business qualifies for SBA financing, which means lower down payment and longer terms
• Seller will sign a non-compete agreement

History
The current owner bought the business from a previous owner, and has made numerous improvements to the facility and substantially increased revenues.

Operations
Revenues come from Social Security payments, Supplemental Nursing Care (SNC) payments from the Missouri Department of Social Services, Medicaid payments, and in a few cases, private pay.

The staff assists residents with daily tasks and with taking their medicines, and provides meals and snacks daily. An RN who works part-time at the facility performs some medical tasks other employees cannot perform such as injections.

Growth Potential
Several opportunities for increasing revenues and profitability exist.

Reason for Selling
Retirement.

Financing
This business qualifies for SBA financing, since it has good books and records, and is priced very attractively for its Discretionary Earnings.

Important Financing Advantage for This Business: The term of the loan for both the business and real estate would be 25 years. Per SBA rules, if real estate purchased with a business equals at least 51% of the total purchase price, the payments on both the business and real estate are over spread over 25 years. Normally, the payment term on the purchase of a business with an SBA loan is 10 years. For this business, the savings in payments to the lender are approximately $10,000 per year.

Note: For loans with maturities of 15 years or more, a prepayment penalty applies to voluntary prepayments of 25% or more of the outstanding principal within the first three years of the loan. The penalty is 5% in the first year, 3% in the second, and 1% in the third. After the third year, no prepayment penalty is incurred.

Real Estate: The real estate from which this business operates is available for sale through VR Business Sales' sister company, Professional Real Estate, LLC and is priced at $525,000.

The owner of this business represents that its Discretionary Earnings are $179,680, after deducting the yearly payments on the purchase of the real estate, and that they can prove it to a buyer and their accountant's satisfaction. Click on the link for the definition of Discretionary Earnings