"Assisted Living NE Dallas w/Beautiful Home & 8+ acres - 14 patient Capacity - Great Buy"
North East Dallas, Texas (Collin County)
Health and Medical - Long-Term Care Facilities  |  Professional Services - Other Professional Services
Asking Price:   $395,000Inventory:   
Gross Revenue:   $320,000Real Estate:   n/a
Cash Flow:   $228,203FF&E:   $60,000 ++
++ included in the asking price         ** not included in the asking price
A fantastic Assisted Living Setting with 14 Guest capacity, in a beautiful Home Setting with Park like surrounding. This approx. 5,000 sq ft Ranch Style home situated on approx 8,34 acres with 8 bedrooms and 5 baths and 2 dining areas on each side of a large Kitchen, makes this an ideal setting. Seller has a passion for seniors; their comfort and well-being.
About the Business
Year Established:1993
Employees:5 full time -
Facilities:This is located in one of the hottest areas in North Dallas, it is located on approximately 8.34 acres and a beautiful Ranch Style Home with approximately 5,000 sq ft., 8 bedrooms and 5 baths, with huge Sun Atrium with 2 decks and covered Side porch, separate Gazebo and 2 car garage. Owner will provide a 5 year lease with terms starting at $ 6,500/mo., with a 5 year option. Buyer may also secure a right to purchase, if desired. Lease with a rental rate of $6500 month
Market Outlook and Competition:There are approximately 32,886 Assisted Living Residences in the U.S. According to the U.S. Census Bureau, the population of people 85 and older is expected to increase by 33.2% between the years 2000 and 2010. According to census figures, about 6.5 million older people need assistance with daily living activities. That number is expected to double by 2020. Closest competition is 5 miles away and is a much smaller facility.
About the Sale
Management Training and Support:Up to 2 months of free training and 3-4 months of Phone Consulting on an as needed basis.
Reason For Selling:Owner Planning to Travel
Seller Financing:Yes, SBA with 30% down (7-10 yr. Loan) Owner will provide a 5 year lease with terms starting at $ 6,500/mo., with a 5 year option. Buyer may also secure a right to purchase, if desired. Lease with a rental rate of $6500 month

KEYWORDS: A fantastic Assisted Living Setting with 14 Guest capacity, in a beautiful Home Setting with Park like surrounding. This approx. 5,000 sq ft Ranch Style home situated on approx 8,34 acres with 8 bedrooms and 5 baths and 2 dining areas on each side of a large Kitchen, makes this an ideal setting. Seller has a passion for seniors; their comfort and well-being. Property


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Seller ID:902
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Business Listed By
Jerry Aris  |  Best Biz To Buy, LLC
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