Asking Price: $274,000

Gross Revenue: $182,560

Cash Flow: $117,030

Inventory: $1,500 (Included in Asking Price)

FF&E: $20,000 (Included in Asking Price)

Real Estate: $430,000 (Not Included in Asking Price)

Seller Financing: $120,000 down, payments of $3,179.41 per month including principal and interest at 7.5% for 96 months.

Well established, very clean and organized Assisted Living for Elder Care, licensed for 7 residences category 2. This well maintained home has 5 bedrooms and 3 bathrooms is hard wired to Fire Station & Ambulance and has sprinkler system already in place. Could easily be converted to a 10 residences with minimal costs. This is a business with steady income with many perks. From a regional perspective, the Northern Nevada area comprised of Reno, Sparks, Carson City and Lake Tahoe is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. This high desert region nestled at the base of the Sierra Nevada mountain range is consistently ranked as one of the top places in America to live and do business because of it s diversified economy, desirable climate, and quality of life. In quality of life studies, Men's Journal Magazine ranked Reno eighth among America's "50 Best Places To Live" and Cities Ranked and Rated Magazine named Reno ninth out of 331 cities among the best places to live. From a business perspective, Forbes Magazine ranks Reno 25th out of 150 cities for doing business. The Forbes/Milken Institute ranks Reno 26th out of 200 cities in their study "Best Performing Cities: Where America's Jobs Are Being Created". As a State, Nevada is also highly regarded. For example, Nevada was recently voted the best small business state in the country by the Washington-based Small Business Survival Committee. Secondly, The Center for Women's Business Research ranked Nevada third in the nation for growth in Women-owned firms.

Year Established: 1995

Employees: 1 full time - 1 part time

Facilities: Building is 2,808 sq ft, on .161 acre. Well maintained 5 bedrooms, 3 bedrooms with private area for care givers.

Market Outlook and Competition: Potential to add 3 more category 1 patients with minimal costs to increase the gross sales to $304,960* and cash flow to $206,266*. *Based on their average patient cost.

Management Training and Support: Seller will train for 30 days at no charge to Buyer.

Reason For Selling: Retirement