Asking Price:

$349,900

Gross Income:

$450,000

Cash Flow:

$240,000

FF&E:

$60,000.00 *

Inventory:

$1,000.00 *

Real Estate:

$750,000.00 **

Year Established:

1993

Employees:

3 f/t 2 p/t

Business Types:

Health, Medical & Dental
Social Services

** not included in the asking price

* included in the asking price

Business Description

Check out this gorgeous 15 bed assisted living facilty, 25 miles North of Dallas, located on 8 1/2 lush acres. The home, last remodeled in 2007, is 5000 sq ft, with 8 bed rooms, 5 baths, 4 showers and a Jacuzzi, 2 dining areas, large kitchen, sun atrium, 2 decks, covered side porch, gazebo and 2 car garage. License A - 15 patient facility with room for major expansion. All patients are ambulatory and private pay between $2000 and $3000 per month. Real estate is available for purchase or lease (to own). Lease payments will be $7500/month. Call me with serious interest..........David Meislin.......315-292-6876.

Detailed Information

Facilities:

Residential / commercial neighborhood. Gorgeous 5000 sq ft. ranch style home. 8 berdrooms, 5 baths, 2 dining areas, large kitchen, sun atrium, 2 decks, covered side porch, gazebo and 2 car garage.

Growth/Expansion:

There is plenty of room for expansion of 30 to 40 beds, with an addition.

Support/Training:

Owner is willing to fully train and assist in a smooth transition.

Reason Selling:

Owner wishes to retire............30 years in the business