Asking Price: $2,500,000

Gross Revenue: $1,100,000

Cash Flow: $360,000

Real Estate: $1,500,000 (Included in Asking Price)

Seller Financing: Seller will negotiate financing

Level IV Rest Home with capacity to modify to alternate uses such as alzheimer's locked unit, add adult day care, etc. This is NOT skilled nursing. No required administrator's license, RN's or LPN's to staff. Business operates with RP's (Responsible Persons) and CNA's with a minimum of a LPN reviewing charts 4 hours a month.

Quality contruction with recent $250,000 remodel to decor and systems. One of only a few in the state built to this size and specs. MA is has also mandated a moratorium on any new skilled nursing or level IV rest homes for the foreseeable future.

This has been going on for 6 years. Only way to enter this market is to make an acquisition. Cash flow is NOI indicating maximum cash flow before debt. Please contact to receive CA for signature to receive full write-up on the company.

Year Established: 1973

Employees: 12 full time - 3 part time

Facilities: 24,000 sq. ft. building; included in sale price

Management Training and Support: Seller will provide training

Reason For Selling: Retirement