| Asking Price |
$388,000 | Inventory |
$10,000* |
|---|---|---|---|
| Gross Income |
$162,022 | Real Estate |
$250,000* |
| Cash Flow |
$154,889 | Year Established | 1982 |
| FF&E |
N/A | Employees | 4 |
* included in the asking price
** not included in the asking price
PRICE JUST REDUCED & OWNER IS READY TO SELL! Back in 1910 when cowboys hitched up their horses in front of the Colonial Hotel in SW KS, they knew inside they d be treated to genuine hospitality! Although renamed, refurbished and remodeled, that same hospitality still exists today at this Licensed Board Care Facility with additional Home Plus licensing. The facility, based in a historic site, is able to be registered as a Historic Landmark if Buyer(s) choose to. Offering 8 private rooms for clients; they service ambulatory patients over 18. Patients are referred by Doctors, SRS, and Area Mental Health within a 100 mile radius and they are also listed as PD Care Agents as well as being a FE Agency. The aging population of the region makes this industry a premium business opportunity. There is a large demand for growth as other homes in the area are currently full and expanding!! Focusing on service and quality in care they carry the additional Home Plus licensing which sets them apart. The facility offers a large apartment upstairs for owner/licensed operator.
Facilities: Facilities: Built by the Atchison, Topeka & Santa Fe Railroad Company this building served as a hotel for many years accommodating the likes of Howard Hughes. The large size allows for all rooms to be private as well as offering a very spacious private owner/operators apartment. The apartment offers satellite, cable, a lay down tanning bed, master bed and bath including whirlpool tub, and full modern appliances. The outside is landscaped and offers a small retreat area for patients
Competition: The hospital offers a nursing home and assisted living facilities. They are currently expanding as the demand is high in the rural area. Clients come from surrounding communities not just the town the business is located in. The other facilities do not offer the Home Plus care which allows this company to fully serve their clients in manners such as distributing meds, transporting, and attending to many other daily needs.
Support/Training: For as long as it takes for a smooth transition.
Reason Selling: Owner is ready to retire.

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