Asking Price: $215,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed included in asking priceReal Estate: $140,000 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.
With the number of people over the age of 85 expected to double from 1.4m to 3.5m over 25 years, there is clearly a growing demand for care home services. Providing
a safe and comfortable home for aging adults or adults with disabilities is not only rewarding but a business where there is always a demand for the space you have
available. This residential community care home offers Level 3 care for up to 11 clients in this updated two story home fully equipped with a sprinkler system. There are
two comfortable sitting rooms, 2 baths, 8 bedrooms, a fully equipped kitchen and staff quarters. Residents enjoy sitting on the 2 covered porches overlooking the park
-like setting across the street which also conveys with this property. There's also an oversized 2-car garage. Located within the City of Barre, residents may use the sidewalks to walk to downtown, public transportation is available and Project Independence offers wonderful daytime activities for residents. Truly a turn-key business, the residents, staff and furnishings
are all in place for you, not to mention you'll benefit from the outstanding reputation of service for the past 50 years!
About the Business
Number of Employees:
Building Sq. Ft.:
2052+- SF building, 2-car detached garage, 0.24+- acres with river views and ample parking
There are very few care homes available in the area and referrals are continually received from local hospitals and nursing facilities. This facility provides for an at-home, comfortable feel.
Growth & Expansion:
There is potential for an additional building to be purchased which would allow the new owner to more than double the size of the facility
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.