Turnkey Boutique Assisted Living Purchase Opportunity

Asking Price$1,750,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$535,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,542,500
Included in asking price
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Turnkey Boutique Assisted Living Purchase Opportunity


Asking Price$1,750,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$535,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$1,542,500
Included in asking price
Business Description
RoseHill Senior Living offers a boutique environment and is located in Fort Bend County, Texas, one of the fastest growing regions in the United States. Fort Bend County is a premier target for senior living investors due to its high median household income and a rapidly aging "Silver Tsunami" demographic that can afford private pay services. The facility is a residential conversion creating a more intimate, or home-like setting for its residents, which is unlike large scale corporate facilities. It is licensed for 10 beds which often allows for a much higher staff-to-resident ratio and more individualized care. Passionate involvement by ownership and staff has ensured a personal commitment to quality that corporate chains often lack. Starting rates are positioned competitively against larger corporate chains making it more resilient to economic downturn. The facility maintains high scores for staff friendliness and care services, which can reduce marketing costs with organic referrals becoming a lead source.
About the Business
Years in Operation
11
Opportunities for Growth
Facility sits on app. 2.3665 acres, so ample room for expansion and other development. Architectural and engineering plans have been developed for an app. 8,000 sf retail center. The plans can be purchase for $40,000.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
4,575
About the Sale
Seller Motivation
Owners are ready for retirement
Financing Options
Cash to seller at closing
Listing Info
ID
2454398
Listing Views
12
Business Location

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Business Listed by: Randy Frnka

Listing ID: 2454398 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.