Business Directory

DESCRIPTION OF OPERATIONS:

 This business and real estate opportunity is ideal for a trained RN or LPN, or as a passive investment whereby a trained individual is hired in to carry out the programs.  This business has seen almost 100% occupancy in recent years and demand for services is expected to be strong for many years to come. The business provides 24/7 care and companionship, meals, and limited medical applications.

1.  The building is a 4826 sft, 7 bedroom + 3rd floor loft suite (owner quarters)
2.  Situated on 2.56 acres of land, plenty of room for further development.
3.  Many upgrades in last 5 years, including roof, windows, plumbing, electrical, insulation.
4.  Gross revenues for the 7 units are $263,000. Gross potential for all 12 units is $475,000.

Long standing staff in place, very little turn over. Owners retiring from the business due to age.  Will assist new owner for up to a year if necessary.

There is an additional 5 unit property, once used as an assisted living facility. The owners have scaled back and now only operate the single 7 unit property.  Can easily and quickly be set up to provide services again, adding an additional $200,000 to the top line.

Asking price: Please Contact

Seller remains in business to train & assist new owner for an agreed upon period of time: Owner will assist for up to one year if necessary

Business books available for potential purchaser and accountant to view: YES            

Reason for sale: Owners retiring due to age.

Listed in: Business For Sale