2 Assisted Living Facilities with a Total of 18 beds in Alaska

AK

2 Assisted Living Facilities with a Total of 18 beds in Alaska

Asking Price:$2,500,000

Cash Flow:N/A

Gross Revenue:$1,100,000

EBITDA:$300,000

FF&E:N/A

Inventory:N/A

Established:N/A

2 Assisted Living Facilities with a Total of 18 beds in Alaska

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Business Description

All Buyers - Individual(s) or Corporation(s)
Must Provide Resume(s), Proof of Net-Worth, and/or Revenues, Proof of Funds to make the Purchase, and Purchase Plan.

All Buyers are Introduced to the Seller based on the Buyer submission of Information. Approval Granted by the Seller, to the Buyer to Review the Offering Book in Detail.

It is expressed that American Healthcare Capital Does NOT Advise Sellers or Buyers to engage another party with no experience in the Healthcare Industry and/or other industry; and rejects potential sellers or buyers based on lack of industry knowledge a factor in qualification of any seller and/or buyer engagement.

QUALIFIES FOR SBA FINANCING INQUIRE

Detailed Information

Facilities:
I am pleased to introduce an opportunity to purchase 2 Assisted Living Facilities with a total of 18 beds, located in Alaska. The properties are in pristine condition, and include 24-hour aide care, daily housekeeping, laundry services, medication management, meals, transportation coordination, and much more. The seller is asking $2.5 Million for the business opportunity, including the real estate, which is based on a 12% cap rate.
Competition:
The company is licensed to service a total of 18 beds and accepts Medicaid and private pay. The payer breakdown is 40% Medicaid and 60% Private Pay. Gross revenues in 2014 were $1.1 Million and $980,000 in 2015. In 2016, they are on track to achieve approximately $1.1 Million in gross revenues with an adjusted EBITDA of around $308,198.
Growth & Expansion:
The facility has a 100% occupancy rate, with a waitlist. QUALIFIES FOR SBA FINANCING INQUIRE
Financing:
No
Support & Training:
All employees are expected to stay on under new ownership. The owner would be willing to assist during a transitional period.
Reason for Selling:
retire
Business Website:
http://americanhealthcarecapital.com/listing/akalf1a/

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Clarke Roberts

Business Listed By:
Clarke Roberts

American HealthCare Capital

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