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Assisted Living Nursing Home, w/Real Estate Included
| Asking Price: | $1,250,000 | Inventory: | $5,000 ++ |
| Gross Revenue: | Not Disclosed (comments below) | Real Estate: | $1,520,000 ++ |
| Cash Flow: | Not Disclosed | FF&E: | $20,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Seller will triple-net lease back the facility and continue to run it while guranteeing an investor | |||
Assisted living Nursing Home for sale. Guaranteed 8% return on your investment.
The owner would like to sell this facility and lease it back from the new owner and then will continue to run the entire operation; this will be a triple-net lease. The Seller will inter into a contract to with a Buyer to sell the facility to the Buyer for $1,250,000 and will guarantee the Buyer an 8% return on this investment, he will also include an option to purchase it back after an agreed upon period of time.
Located in Baldwin County in South Alabama, the Seller has successfully operated this Nursing Home for 3–years, all with a positive cash flow. His experience includes three other Assisted Living Homes in Alabama that he owns and operates. He would like to sell to free up capital to for continued expansion in this growing health related industry.
The building has 8,260 sq. ft. and is situated on 3.85 acres. This 16-bed facility was appraised in June of 2007 for $1,520,000, after recent upgrades. The purchase is $1,250,000 plus the Buyer will get the guaranteed 8% return on this investment.
The owner would like to sell this facility and lease it back from the new owner and then will continue to run the entire operation; this will be a triple-net lease. The Seller will inter into a contract to with a Buyer to sell the facility to the Buyer for $1,250,000 and will guarantee the Buyer an 8% return on this investment, he will also include an option to purchase it back after an agreed upon period of time.
Located in Baldwin County in South Alabama, the Seller has successfully operated this Nursing Home for 3–years, all with a positive cash flow. His experience includes three other Assisted Living Homes in Alabama that he owns and operates. He would like to sell to free up capital to for continued expansion in this growing health related industry.
The building has 8,260 sq. ft. and is situated on 3.85 acres. This 16-bed facility was appraised in June of 2007 for $1,520,000, after recent upgrades. The purchase is $1,250,000 plus the Buyer will get the guaranteed 8% return on this investment.
About the Business
Year Established:1996
Employees:14 full time - 13 part time
Facilities:8,260 sq. ft. building on 3.25 acres; included in sale price
About the Sale
Management Training and Support:Seller will triple-net lease back the facility and continue to run it while guranteeing an investor an 8% return on the investment.
Reason For Selling:Capital Requirements
KEYWORDS: health, assisted, living, home, medical, elderly, care, service, real estate, nursing, baldwin county, bay minette, alabama, florida, mobile, fairhope, daphne
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State: Alabama
County: Baldwin Next Listing: Magazine: Gulf Shores to Mobile, Financing
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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. Please review the full Disclaimer here.
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