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Assisted Living Facilities

Shenandoah Valley, Virginia (Augusta County)

Services - Other Personal Services | Services - Social Services

$Seller Financing Available

Asking Price $9,000,000 Inventory $3,000* 
Gross Income $1,500,000 Real Estate  
Cash Flow $605,000 Year Established 1986
FF&E $500,000* Employees 10

* included in the asking price

** not included in the asking price

Owner is selling two facilities as a package. They are 20 minutes apart. One is in the country (20 years old) with a spectacular view of the Blue Ridge Mountains and the other is in the city off of a four lane highway with easy access to churches, stores, etc. The facilities are beautifully designed, clean, well staffed (including administration) with excellent kitchen and dining facilities. Total of 47 rooms. The city facility is 18,000 sq.ft. and the country facility is 8,000 sq.ft.Staff includes 2 administrative, 1 RN at each facility, 1 maintenance worker at both facilities and 1 chef at each The facilities stay at or close to capacity at all times. Good reputation with many referrals. Owner has recently raised monthly rates new clients and has increased for all clients in 2007. Ample land for expansion at city facility. Land value increasing at strong rate for both facilities, insuring profitable return on investment within 3-5 years on buildings and property alone.

Growth/Expansion: Good reputation with many referrals. Owner has recently raised monthly rates new clients and has increased for all clients in 2007. Ample land for expansion at city facility. Land value increasing at strong rate for both facilities, insuring profitable return on investment within 3-5 years on buildings and property alone.

Seller Financing Available: Yes

Financing: Seller will consider a small amount of financing (10%)

Reason Selling: Retirement

Business For Sale By

Sunbelt - Charlottesville

434 974 4550

Sunbelt Business Brokers

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