Services - Health, Medical & Dental | Services - Social Services

Asking Price	$200,000	Inventory
Gross Income	$850,00	Real Estate	$1,200,000*
Cash Flow	Not Disclosed	Year Established	1981
FF&E	$100,000*	Employees	22 Full Time

* included in the asking price

** not included in the asking price

Assisted Living Home has 17 Years of Excellence service in the Gulf Coast Region. The facility comprises 22,857 sq. ft. building with 1,464 sq. ft. of open porches and patios, 5,000 sq. ft. parking area, and 79,500 sq. ft. of landscaped green area sitting on approximately 2.86 acres. The home is currently licensed for 60 beds and can be approved up to 88 beds by adding a sprinkler system. The staff includes a nurse and professional management, 22 employees total. The facility currently offers semi-private room at $1,800 monthly and private rooms at $2,200 monthly. Additionally, day care services are provided. This facility has had numerous upgrades in the last two years and is poised for future growth. The business portion is being listed for $100,000 and the real estate is being offered at $1,200,000. The seller is willing to consider some owner financing. This is facility is well managed and maintained. It possesses future growth potential with an additional 28 beds. This is a great opportunity to own a business in which future demand is steadily increasing and a steady profit margin can be provided to its owner. This listing is by Sunbelt offices in Biloxi and Hattiesburg which cover primarily South Mississippi. Cities covered include Gulfport, Biloxi, Pascagoula, Bay St. Louis, Hattiesburg, and Laurel, Mississippi. For a complete list of companies available in South Mississippi,view the local website at SunbeltMS.com. Biloxi-Gulfport-Pascagoula was named "The South's Top Mid-Sized Market" by Southern Business and Development Magazine. Listed in 2000 Forbes Top 100 Places to Do Business and Money Magazines "Best Places to Live" surveys.

Facilities: 22,857 sq. ft. building; available for purchase

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Other Business Interests