Asking Price: $127,000 Gross Revenue: $193,330Cash Flow: $79,299 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $500 included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: $279,000 not 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.
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
Number of Employees:
A charming 2000 sf house in a residential area, with easy freeway access and ample neighborhood parking. Property must be purchased with the business.
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.
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 & Conditions.