Profitable Assisted Living w/Real Estate Included

Asking Price$17,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed

Carefully trained team provides a peaceful home-like setting.Save

Profitable Assisted Living w/Real Estate Included


Asking Price$17,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
Company operates several premiere facilities located in comfortable residential neighborhoods (100 licensed beds total).
Trained staff provides assisted living, memory care, enhanced nursing, and end-of-life care.
--Company occupancy: 83-85%
--Carefully maintained Facilities designed with quality materials.
--Each facility is 15,000/sf;
--Company is known and highly trusted for its compassionate, family-centered approach to elder-care.
--Real Estate included in asking price.
Deal: Business (includes licensure: LALD, (Assisted Living with Dementia Care), equipment (e.g. spa baths, security systems, nurse call system), and real estate are included in the sale.
If you are seeking to expand your current senior care services, this turn-key company is priced below the market per/bed rate and current sq/ft new construction rates. Current SDE ($1.6M) includes profit from business and lease paid to outside RE entity.
Target Buyer: Corporation, currently operating similar company, which is seeking to grow current market share, or secure a new footprint in a powerful economic area.
This acquisition delivers immediate scale, proven systems, and established cash flow in a recession-resistant industry with powerful growth potential.
About the Business
Years in Operation
29
Employees
130 (15 Full-time, 115 Part-time)
Facilities & Assets
Multiple well-maintained facilities leased by seller; annual lease $1.2M paid to RE entity. Business pays property tax, insurance, maintenance. Real estate is included in sale price.
Market Outlook / Competition
Company has carved a niche by providing high quality, compassionate care in smaller, home-like settings. This is not a distressed or turn-around business.
Opportunities for Growth
Company is currently at 83-85% occupancy (profitable at 72% occ.) offering room for Buyer’s growth. Buyer could evolve these settings to provide specialized services to the Buyer’s current residents---without the cost, timeline and headaches of new construction.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
75,000
Rent
$100,000.00 per month
About the Sale
Seller Motivation
Simplifying life; new venture.
Transition Support
Seller will assist in Buyer's successful transition.
Financing Options
Seller would consider some owner-financing for an experienced, well-qualified buyer.
Listing Info
ID
2502669
Listing Views
201

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Chris Reicher www.cgreicher.com

Listing ID: 2502669 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.


Similar Listings
HealthSource Chiropractic
$150,000HealthSource ChiropracticFeatured Franchise