Turnkey Assisted Care Home for sale. Seller claims 180k-200k Net Income and you DO NOT need to be in a Medical profession to own this business. This is an extremely lucrative business, and can be run Semi-absentee. This is a beautiful care home with a 7 bedroom house, and it is approved for 6 patients RCFE license. Currently have 2 employees with low payroll. The Care home is fully occupied and each patient has their own room. The additional room can be used for a care giver or an office of your choice. All license are up to date, and just recently been inspected by the state and it is in great standing. There is a “waiting list” of clients wanting to move in, however it’s at full capacity. This is a turn-key health care business with seasoned staff and manager requiring no medical director or RN/LPN. The sellers are open to giving a long term lease for a qualified buyer and will help train. Do not miss out on this opportunity, this won’t last long.
Disclaimer: This Information has been supplied to Broker by Seller. Broker expressly disclaims any and all liability for representation of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes such information to be correct, but has not verified or checked it. Any agreement or decision by Buyer to pursue a transaction regarding this Business should be based on further investigation by the Buyer
Asking Price: $400,000 Gross Revenue: $360,000Cash Flow: $180,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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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