Assisted Living Facility in East TN

TN

Assisted Living Facility in East TN

Asking Price:$1,150,000

Cash Flow:$76,600

Gross Revenue:$462,500

EBITDA:N/A

FF&E:$240,000

Inventory:N/A

Real Estate:$1,200,000

Established:N/A

Assisted Living Facility in East TN

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Business Description

The Assisted Living facility is located in East TN. They are a licensed 25 bed facility that offers Assisted Living, Alzheimer’s, and Dementia Care. They offer 1-bedroom floorplans, semi-private rooms, companion suites, and furnished units. The medical care at the facility includes, but not limited to, 24-hour supervision, licensed nurses, and diabetes. They are currently pursing an AFL Choices program provider status. which cold increase the pool of residents and income per room by 100%. In march of 2015 the property was appraised by a 3rd party appraisal at $1,440,000, which includes land property, and FF&E. Cash flow at the end of June 2016 exceeded year to date 2015 cash flow.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
20 business days
Reason for Selling:
Other business ventures

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Jason Barnes

Business Listed By:
Jason Barnes

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