Beautiful elder health care facility in a spectacular setting.
Facility has 32 beds and is newly updated with floor treatments, decking and remodeled throughout. Located in Hunterdon County this facility has a long history of cleanliness and quality care. It also has lots of acreage and can be expended to include other wings for patients with different levels of care and treatment.
10,000 people a day turn 65 in the USA and NJ w it's density of population and high per capita incomes is particularly well suited for assisted living facilities.
About the Business
Number of Employees:
6 F/T,4 P/T
Building Sq. Ft.:
7000 square foot facility and seven rolling acres in a picturesque setting. Fully licensed and operational with full staff in place.Newly remodeled and totally up to code and state regulations.
Limited. Barrier to entry is very high in this business. Very difficult to get licensed and set up facilities today.Highly regulated.Best opportunity is to acquire this quality operation. some facilities are bringing $100,000 per bed to $150,000 per bed as a sale price, this one is a steal at less than $50,000 per bed!
Growth & Expansion:
Huge! Expand marketing and run full w residents,margins keep climbing under those circumstances . Costs are fixed for the most part, so running the facility with a full census brings additional revenue straight to the bottom line!
Asking Price: $1,500,000 Gross Revenue: $525,000Cash Flow: $95,000EBITDA: $95,000Inventory: $100 included in asking priceFF&E: $45,000 included in asking priceReal Estate: $1,200,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
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