Senior Living Home
Business Description
Six resident senior living home business for sale with option to either purchase real estate or lease. The business was established in 2019 and has seen steady income since. They currently only have 5 residents, so adding a 6th would increase revenue. The seller has never raised prices and expects that a price increase would be beneficial to the business. The seller currently works full time in the business but would like to step away due to a family health issue. The seller thinks the increase revenue from an extra resident and price increase should allow more flexibility for a new owner with regard to staffing. Option to purchase real estate in addition to business price for $400,000.
About the Business
- Years in Operation
- 6
- Number of Employees
- 4
- Facilities & Assets
- Lease Info:
Square Footage: 2,050
Total Monthly Rent: $1,800
Lease Expiration: 2029
Lease Options to Renew: Negotiable
*Option to purchase real estate in addition to business price for $400,000.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,050
- Rent
- $1,800.00 per month
About the Sale
- Seller Motivation
- Family Health
- Transition Support
- Negotiable.
Listing Info
- ID
- 2386124
- Listing Views
- 514
Listing ID: 2386124 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.
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