Spectacular extremely profitable assisted living home in Tucson

Tucson, AZ (Pima County)

Seller Financing Available
Spectacular extremely profitable assisted living home in Tucson

Asking Price:$225,000

Cash Flow:N/A

Gross Revenue:$370,085




Real Estate:$800,000


Spectacular extremely profitable assisted living home in Tucson

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Business Description

Hallmark Business Consultants is proud to represent this 5 year old assisted living home that is licensed for 10 residents. It is located in an area that caters to some of Tucson, Arizona’s more affluent residents. The home is 4,656 square feet on 1.48 acres. There are a total of 13 rooms. Pride of ownership is readily apparent. The home is in excellent condition. This is probably one of the most attractive assisted living homes in the greater Tucson area. All of the residents are private pay. The care provided is absolutely outstanding. One of the existing employees is being groomed to be the manager of this assisted living home.

The 10 residents’ needs are cared for by 5 full time and 1 part time (32 hours) caregivers. Because of the pleasant working environment, there has been minimal employee attrition. Each of the 5 years under the current owner shows very steadily increasing revenues and earnings before interest, taxes, depreciation, and amortization (EBITDA). In 2013, revenue increased by 9% and adjusted EBITDA increased by 17% due to higher occupancy rates and improved operational efficiencies. The owner was able to purchase the land on which he subsequently built this spectacular home 6 years ago. The bank financing was by way of an SBA loan. The listing agent has been able to get the business and property pre-qualified for new SBA financing based upon the significant amount of the seller’s pre-tax net profit and adjustments. The seller will provide some secondary financing.

Detailed Information

Real Estate:
Included in asking price
Building Sq. Ft.:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This is a 10 bed assisted living home that was custom built in 2009. It has 4,656 square feet on 1.48 acres. There is an undeveloped adjacent lot that is 1.48 acres as well that is included in this sale. This lot could accommodate another 10 bed assisted living facility. With the demand and a long waiting list of new residents, another home would be occupied rapidly. Bank financing is available to complete this if one wishes.
There are other home in the greater Tucson area, but none are as beautiful or as well furnished as this home.
Growth & Expansion:
See the comments in the facilities section.
Secondary financing is available.
Support & Training:
Any and all transitional support will be provided.
Reason for Selling:
This was an investment developed for sale.

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Robert Lenhard

Business Listed By:
Robert Lenhard

Hallmark Business Consultants, Inc.

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Memberships & Certifications:
Indicates membership in The Arizona Business Brokers Association (AZBBA).

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