Residential Group Home, Great Reputation

Reno, NV (Washoe County)

Seller Financing Available
Residential Group Home, Great Reputation

Asking Price:$127,000

Cash Flow:$79,299

Gross Revenue:$193,330

EBITDA:N/A

FF&E:N/A

Inventory:$500

Real Estate:$279,000*

Established:2007

*not included in asking price.

Residential Group Home, Great Reputation

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Business Description

A great opportunity to own a highly reputable assisted living facility in a residential setting. Owner-operated since its inception, this business has built a solid reputation for its warm environment and caring staff. Offers temporary and long-term care in private or semi-private rooms. Professional caregivers provide the highest standard of healthcare services, allowing clients to maintain their independence, dignity, and quality of life while in a comfortable home environment. Supporting up to 8 clients, the home maintains a family-style atmosphere, where residents are treated with respect and dignity. The home often (and currently) enjoys full occupancy. It is located in a quiet neighborhood and is within walking distance to shops and malls. Northern Nevada has long been a popular destination for retirees, and quality elder care is in high demand as people look for care outside the institutional nursing home environment. The business and property are contingent upon each other and are to be purchased in tandem.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
1
Facilities:
A charming 2000 sf house in a residential area, with easy freeway access and ample neighborhood parking. Property must be purchased with the business.
Competition:
A reputable leader in group home care and well-known in the neighborhood. Enjoys full occupancy much of the time (and is currently full).
Growth & Expansion:
The current owner enjoys a great word-of-mouth reputation and rarely needs to advertise. A new owner could expand the business by acquiring additional properties. As Northern Nevada's retiree population grows, the demand for assisted living in a comfortable neighborhood setting will always be high.
Financing:
All cash or terms acceptable to seller
Support & Training:
One week
Reason for Selling:
Moving to another country

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Bradley Bottoset

Business Listed By:
Bradley Bottoset

The Liberty Group of Nevada

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