22 Bed Assited Living Business and Property

Hillsborough County, FL

22 Bed Assited Living Business and Property
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Asking Price: $1,850,000

Cash Flow: $128,160

Gross Revenue: $460,059

EBITDA: N/A

FF&E: $150,000

Inventory: N/A

Established: 2002

*not included in asking price.

22 Bed Assited Living Business and Property

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Business Description

22 BED ASSISTED LIVING FACILITY. This is NOT a converted residential home, but a custom built facility with fire system, backup generator and coded building access both incoming and outgoing. It has 11 semi-private rooms. There are 9 total bathrooms with 5 Jack & Jills with showers for 10 rooms, 2 individual room bathrooms that could be used as private rooms instead of semi-private and 2 Public Restrooms. Building has elevator and stairs for second floor access. There are 5 offices/reception. It has a full commercial kitchen with gas stove, hood, stainless counters and triple sink. The business is not running at full capacity, currently occupancy is 14 as owners are not pushing to add additional occupants as they are ready to retire. Business has great potential as gross income was over $1 million several years ago when they were operating at full capacity. Facility is operated very efficiently and is very clean. NDA required for additional information.

Detailed Information

Location:
Hillsborough County, FL
Employees:
11
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2-Story Building, built as dedicated ALF.
Growth & Expansion:
Current owner's are not pursuing filling up facility as they are ready to retire. Business grossed over $1 million when they ran at full capacity several years ago. Fantastic potential for aggressive buyer to bring back up to full capacity.
Reason for Selling:
Owner's ready to retire.
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Joel Walker

Business Listed By:
Joel Walker

Dynamic Property Investments, LLC

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