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Residential Group Home, Great Reputation

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Reno, Nevada (Washoe Co.)   |  Health and Medical Businesses for Sale – Other Health and Medical Businesses for Sale   |  Businesses for Sale Between $100k and $150k

Asking Price:
$127,000

Gross Revenue:
$193,330
Cash Flow:
$79,299
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$500
included in asking price

FF&E:
 Not Disclosed

Real Estate:
$279,000
not included in asking price

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Business Description

A great opportunity to own a highly reputable assisted living facility in a residential setting. Owner-operated since its inception, this business has built a solid reputation for its warm environment and caring staff. Offers temporary and long-term care in private or semi-private rooms. Professional caregivers provide the highest standard of healthcare services, allowing clients to maintain their independence, dignity, and quality of life while in a comfortable home environment. Supporting up to 8 clients, the home maintains a family-style atmosphere, where residents are treated with respect and dignity. The home often (and currently) enjoys full occupancy. It is located in a quiet neighborhood and is within walking distance to shops and malls. Northern Nevada has long been a popular destination for retirees, and quality elder care is in high demand as people look for care outside the institutional nursing home environment. The business and property are contingent upon each other and are to be purchased in tandem.

About the Business

Year Established:
2007
Number of Employees:
1
Real Estate:
Owned
Facilities:
A charming 2000 sf house in a residential area, with easy freeway access and ample neighborhood parking. Property must be purchased with the business.
Market Outlook/
Competition:
A reputable leader in group home care and well-known in the neighborhood. Enjoys full occupancy much of the time (and is currently full).
Growth & Expansion:
The current owner enjoys a great word-of-mouth reputation and rarely needs to advertise. A new owner could expand the business by acquiring additional properties. As Northern Nevada's retiree population grows, the demand for assisted living in a comfortable neighborhood setting will always be high.
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About the Sale

Reason For Selling:
Moving to another country
Training/Support:
One week
Seller Financing:
All cash or terms acceptable to seller

Listing Info

ID:
1280605
Ad Detail Views:
410

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Business Listed by

Bradley Bottoset

The Liberty Group of Nevada

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U.S. Census Data for Washoe County, NV
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Washoe County, NV
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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