31 Bed Type "B" Assisted Living

Houston, TX (Harris County)

Seller Financing Available
31 Bed Type

Asking Price:$995,500

Cash Flow:$90,000

Gross Revenue:$260,000

EBITDA:$90,000

FF&E:$75,000

Inventory:N/A

Real Estate:$2,100,000

Established:1998

31 Bed Type "B" Assisted Living

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Business Description

Property was appraised in 2006 for $2,100,000.
Has two 16-bed licenses by the Texas Department of Aging and Disabilty Services. . They provide 24 hour personalized assistance. All clients are private pay and rates range from $2,000 to $3,500 per month. They are doing very limited marketing and their is huge growth opportuity.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
14,000
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
One story assisted living facility building on .861 acres or 37,500 square feet of land. Configured for 31 beds.
Competition:
Limited
Growth & Expansion:
Room for expansion
Financing:
Possible
Support & Training:
Provided
Reason for Selling:
Retiring

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Mary Kamp

Business Listed By:
Mary Kamp

Epic International Brokers

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