Services - Health, Medical & Dental | Services - Social Services

$Seller Financing Available

Asking Price	$245,000	Inventory	$1500*
Gross Income	$168,799	Real Estate	$420,000**
Cash Flow	$114,414	Year Established	1995
FF&E	$20,000*	Employees	1 ft

* included in the asking price

** not included in the asking price

Well established, very clean and organized Assisted Living for Elder Care, licensed for 7 residences category 2. This well maintained home has 5 bedrooms and 3 bathrooms is hard wired to Fire Station & Ambulance and has sprinkler system already in place. Could easily be converted to a 10 residences with minimal costs. This is a business with steady income with many perks. From a regional perspective, the Northern Nevada area comprised of Reno, Sparks, Carson City and Lake Tahoe is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. This high desert region nestled at the base of the Sierra Nevada mountain range is consistently ranked as one of the top places in America to live and do business because of it s diversified economy, desirable climate, and quality of life. In quality of life studies, Men's Journal Magazine ranked Reno eighth among America's "50 Best Places To Live" and Cities Ranked and Rated Magazine named Reno ninth out of 331 cities among the best places to live. From a business perspective, Forbes Magazine ranks Reno 25th out of 150 cities for doing business. The Forbes/Milken Institute ranks Reno 26th out of 200 cities in their study "Best Performing Cities: Where America's Jobs Are Being Created". As a State, Nevada is also highly regarded. For example, Nevada was recently voted the best small business state in the country by the Washington-based Small Business Survival Committee. Secondly, The Center for Women's Business Research ranked Nevada third in the nation for growth in Women-owned firms.

Facilities: Building is 2,808 sq ft, on .161 acre. Well Maintained 5 Bedrooms, 3 Bathrooms with private area for care givers. Lease option is available with first right of refusal on the real property. Monthly rent of $2,800.

Competition: This is a must see. Very clean and organized!

Growth/Expansion: There is the potential to add 3 more category 1 patients with minimal costs to increase the gross sales to $304,960* and cash flow to $206,266* *based on their average patient cost.

Seller Financing Available: Yes

Financing: $120,000 down, 5.5% interest & payments of $1,612.42/mth inclds P&I for 96 mths

Support/Training: Seller will train for 30 days at no charge to Buyer.

Reason Selling: Retirement