Personal Care Home, Western PA. Real Estate included

Asking Price$525,000

Cash Flow
$130,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&E$50,000
Included in asking price
Real Estate$265,000
Included in asking price
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Personal Care Home, Western PA. Real Estate included


Asking Price$525,000

Cash Flow
$130,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

InventoryNot Disclosed

FF&E$50,000
Included in asking price
Real Estate$265,000
Included in asking price
Business Description
This personal care home is located on a quiet street close to Punxsutawney, PA. with access to shopping and amenities nearby. The home is very well established and licensed in Pennsylvania by the Dept. of Health and Human Services ((DHS). It offers personalized care, assistance with medications and daily living activities in a caring environment. It is a non-medical home that helps people receiving supplemental security income maintain their independence and autonomy since the 1970's.
The home is licensed for up to 24 residents with several independent style senior living quarters as well as assisted or personal care living with semiprivate rooms that have multiple beds in each. The residents are primarily recipients of supplemental security income in PA. There home has a a main house with some common areas, dining room, kitchen, and administrative office. The 1.75-acre property is wooded, and park like with recreation space and room for residents to enjoy the fresh air and outdoors. The real estate is included
About the Business
Years in Operation
51
Facilities & Assets
1.75 acre private setting on wooded lot with main house for up to 19 residents plus 5 Independant senior residences and exterior recreation building.
Market Outlook / Competition
There are several smaller personal care homes in the area and demand is strong.
Opportunities for Growth
The home is generally at capacity with 24 residents. Facility is older but maintained and it is possible to expand and add more space/beds given the property size and building structure.
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
The owners are seeking to retire. The business has full staffing, and the admini
Transition Support
Owners will provide full training and support. The home administrator is available to stay on and lives nearby. There is a full staff that will; stay on as well.
A buyer will need to step in or hire a manager to assist the administrator once the owners exits.
Financing Options
Bank Financing for qualified buyers combining real estate and business.
Listing Info
ID
2200917
Listing Views
583

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Business Listed by: Paul Vassallo Inbar Group Inc - Business Brokers and M&A

Listing ID: 2200917 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.