Asking Price: $399,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: 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.
Established, profitable, turn key Assisted Living facility with several features that make it stand apart from others. Presently licensed for 6, this 7 bedroom and 7 bath facility is large enough to accommodate 12+ residents. 7th room currently used for a live in caregiver; reducing costs. Each bedroom has a door wall providing tons of natural light for the residents, not found in many facilities. There is a kitchenette in the common area for family and friends and residents-providing an at "home" atmosphere. With a natural gas Generac generator there is never reason to worry about losing power during the cold or stormy Michigan months. This property/building was built to be an Assisted Living Facility which provides for extra ease of care- all on one story! You won't find that everywhere. It is also located along the I-69 corridor making it easier to draw from multiple area's.
Have questions? Let's talk! Sellers will provide some financing if needed.
About the Business
Lapeer County, Michigan
Number of Employees:
Building Sq. Ft.:
Growth & Expansion:
This is a growing industry and this facility offers ample room for internal growth on top of already being profitable.
Profitable, Turn Key Assisted Living Facility For Sale
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
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