| Asking Price |
$1,300,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$406,154 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 1986 |
| FF&E |
N/A | Employees | 5 ft/ 9 pt |
* included in the asking price
** not included in the asking price
This is a particularly nice home in a park like setting. The home is licensed by the MDMH, subsidy approved, and has a 24 hour trained staff. Three meals daily plus snacks are prepared for the residents along with housekeeping and laundry services. The gross sales for 2009 are expected to be $550,000. The U.S. Census Bureau indicated that the over 65 population now totals 12.8 million and will more than double in the next 55 years. The over 85 population now totals 4.3 million and will more than triple in the next 45 years. The assisted living home is fully occupied. Much more information is available on this business opportunity. All financial information is available by contacting our office. To expedite the process, download our confidentiality agreement by going to www.wolfbusinessbrokers.com. Fax or email the agreement back to our office. Be sure to include the name of the business you are interested in. On the next business day we will forward you our "Confidential Sales Presentation". SBA financing is possible for this business.
Facilities: This assisted living home has 5215 square feet, is clean and in good repair. It is located on 3.27 acres and is a 15 bed facility. The construction is brick and siding, is on one floor, has a full basement and zoned residential. It was built in 1976 with an addition added 8 years ago.
Growth/Expansion: An additional 6 rooms with private baths can be added onto this facility with the existing well and septic.
Financing: Owner financing is possible.
Support/Training: Seller will train in all aspects of the business and license transfer will be necessary.
Reason Selling: The owner has other business interests.

Alicia Wines
410-581-9653
Wolf Business Brokers
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