Residential Care Facility

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Helping All Stay Self-Sufficient as Long as Possible
Asking Price:
 Not Disclosed

Gross Revenue:
$1,571,193
Cash Flow:
$238,414
EBITDA:
$238,414
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Residential care facility, founded in 1974, and at current location since 1988. Licensed as a "Residential Care Facility and Assisted Care Facility"; specialized in care for the mentally ill, with close ties to the Mental Health Center for the State; and authorized to provide housing for the elderly. Family owned and operated, with 26 full-time and 1 part-time employees. Licensed for 183 beds, currently has 90+ clients (double occupancy). Property also has 15 cabins that can be rented as efficiencies for the elderly; a 2-BR efficiency cabin; and a 2000 sqft 2-BR/2 Bath administrator’s apartment which are not included in the residential care facility license. Most clients are on a combination of SSI, SSD, and veteran benefits; and provide Personal Care Services for those on Medicaid. Property is included in the sale, and includes 5.97 Acres, with central facility, cabins, and administrator's house. (pictures/blueprints of the facilities included in the package).

Refer to File #72100BB. Please respond with your name, email/mailing address and telephone/fax no.(s) so we may send a confidentiality agreement.

About the Business

Location:
Arkansas
Year Established:
1974
Number of Employees:
27
Real Estate:
Owned
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About the Sale

Training/Support:
Negotiable

Listing Info

ID:
1628197
Ad Detail Views:
0

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Business Listed by

Charles Harvey

International Business Exchange, Inc.

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

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

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