38 Bed +/- Assisted Living in Mobile Alabama MSA

Asking Price$2,200,000

Cash Flow
$235,026
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$961,748

Inventory$50,000
Included in asking price
FF&E$100,000
Included in asking price
Real Estate$2,100,000
Included in asking price
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38 Bed +/- Assisted Living in Mobile Alabama MSA


Asking Price$2,200,000

Cash Flow
$235,026
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$961,748

Inventory$50,000
Included in asking price
FF&E$100,000
Included in asking price
Real Estate$2,100,000
Included in asking price
Business Description
KW Commercial and My ALF Consultant are proud to exclusively offer for sale, a 38 +/- Bed Assisted Living Facility for sale in a beautiful metropolitan setting in South Alabama.

The property consists of 1 building and a total of 18,000 +/- SF and 25 individual units on 1.5 acres.. The property was purpose built as an assisted living facility and unit mix offers 18 Private Resident Rooms and 8 Semi-Private Resident Rooms. The RALF (Residential Assisted Living Facility) provides for secure entry and is licensed for up to 40 +/- beds. There is a Front Living Room, Dining Room, Beauty Salon area, Pantry, Chapel, and Staff Break room.

This is a unique opportunity to purchase a Residential Assisted Living Facility in Alabama with a long history in the community and room for financial growth. There is round-the-clock staff onsite and a very strong administrator and Lead CNA/Asst. Administrator, so this can be a hands-off investment. These workers are divided among cooks and other caregivers who provide all care needs, janitorial, and cook meals for the residents. The exterior offers ample parking, a front porch, and relaxation areas for residents to enjoy. The owners have plans to expand the building and add 8 large resident suites and also additional common space.

This property sits along a major interstate highway with easy access from all directions. The facility is located near several major hospitals and doctors’ offices are nearby.

After signing the NDA, the actual number of beds, property details, address, financials, proformas, photos, and other relevant information about this assisted living facility for sale in Alabama will be disclosed.

Before closing, the buyer is to verify all permits, approvals, regulations, allowed use, parking, financials, add-backs, proformas, market rental rates, expenses, zoning, licenses, building square footage, expansion possibilities, number of licensed beds, and all other factors about using these parcel(s) and building(s) for the buyer’s intended use. Listed by Chad Friedman - KW Realty Tennessee - 2271 Wilma Rudolph Blvd.
About the Business
Facilities & Assets
All furniture fixtures and business equipment. Generator and fire safety systems are included in the sale.
Opportunities for Growth
The owner has plans to expand up to 8 more private rooms.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
18,843
About the Sale
Seller Motivation
Focus on other locations. This property is too far and outside of their operatio
Transition Support
Owner will provide transition support and training after the sale has completed.
Listing Info
ID
2348032
Listing Views
1234

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Business Listed by: Sunny Gandhi KW Commercial

Listing ID: 2348032 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. See our full Terms of Use. Learn how to avoid scams.


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