Health Care Facility-Fabulous!

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Health Care Facility-Great Deal!

Business Description

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

Year Established:
1973
Number of Employees:
6 F/T,4 P/T
Real Estate:
Owned
Building Sq. Ft.:
7,000
Facilities:
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.
Website:
www.tristatebusinessauthority.com
Market Outlook/
Competition:
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!
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About the Sale

Reason For Selling:
Develop other systems
Training/Support:
4 weeks, terms to be negotiated.

Listing Info

ID:
1438255
Ad Detail Views:
757
Asking Price:
$1,500,000

Gross Revenue:
$525,000
Cash Flow:
$95,000
EBITDA:
$95,000
Inventory:
$100
included in asking price

FF&E:
$45,000
included in asking price

Real Estate:
$1,200,000
included in asking price

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Business Listed by

Carl Pallini

Tri State Business Authority

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U.S. Census Data for Hunterdon County, NJ
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Hunterdon County, NJ
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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