Elegant Assisted Living & Memory Care Facility-East Central Florida

FL

Elegant Assisted Living & Memory Care Facility-East Central Florida

Asking Price:$6,500,000

Cash Flow:$611,527

Gross Revenue:$2,251,615

EBITDA:N/A

FF&E:$183,297

Inventory:N/A

Real Estate:$4,500,000

Established:2009

Elegant Assisted Living & Memory Care Facility-East Central Florida

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Business Description

Assisted Living and Memory Care providing a non-institutional, secured environment with staff specially trained to care for those affected by Alzheimer’s and dementia related disorders. The 36 bed senior living community is beautifully constructed facility situated on three lots. A Senior Day Program is also included. This facility is elegantly decorated with antique furnishings, spacious outdoor courtyards and cozy private guest suites. There is room for expansion and increased revenues. The day program is a natural resource of
referrals for future memory care residents.

Detailed Information

Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
28 FT / 7 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Over 14,000 square feet of space. Office building and Day program are located in completely renovated 1930's historic buildings. The rest of the facility was newly constructed in 2009 and 2014. These buildings were constructed and designed especially to care for patients with memory care disorders. The exterior remains in keeping with the era of the existing buildings and the quaint esthetics of the neighborhood.
Competition:
With the aging baby boomer population, assisted living facilities continue to open. This facility, however is special in many ways. Memory care is often an afterthought for most existing institutions. This facility is ahead of this curve and already has a proven track record for being the best alternative for patients with Alzheimer’s and dementia related disorders. Providing a secure, more “home-like” atmosphere make patients and their families feel more at ease. A smaller operation allows for a great deal personal attention for guests and immediate problem-solving capabilities - “no red tape” - as with larger institutions.
Growth & Expansion:
The current configuration of the buildings and the availability of parking allow for expansion of the facility. The senior day program has not reached its full potential for, not only increased revenues, but also referrals for new memory care residents.
Support & Training:
Will train for 2 weeks @ no cost. High acuity, advance care facility - a niche market in the local senior care industry. Experienced licensed nursing staff and health aids are already in place.
Reason for Selling:
Retirement.

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Murphy Business

Business Listed By:
Murphy Business

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The Georgia Association of Business Brokers (GABB).

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