$250K....Dual Licensed Nursing Home $70K Net and On-Site Mgr Quarters!

Hoberg, MO (Lawrence County)

Seller Financing Available
$250K....Dual Licensed Nursing Home $70K Net and On-Site Mgr Quarters!
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Asking Price: Get Financing: $250,000

Cash Flow: $150,000

Gross Revenue: $200,000

EBITDA: $70,000

FF&E: $10,000

Inventory: $5,000

Real Estate: $200,000*

Established: 1985

*not included in asking price.

$250K....Dual Licensed Nursing Home $70K Net and On-Site Mgr Quarters!

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Business Description

$250K....Dual Licensed LTC Nursing Home with $70K Net and On-Site Mgr Quarters!

33 yr old dual licensed MO Dept of mental health and DHSS as an 11 bed facility LTC Nursing Home is located on 3 acres nestled in the Ozarks, the business generated over 40% net profit margin on $157K Revenue in 1st full year of operation!!!
Strong annual growth potential forecasting over $200K revenue and $90K net profit 2018 year end. The long-term facility is a MO licensed 11 bed operation at 100% current capacity with “zero” operating deficiencies for 2016-17. There is a “waiting list” of clients currently! This is a turn-key health care business with seasoned staff and manager requiring no medical director or RN/LPN owner/operators. The business has a fully integrated website utilizing latest SEO and internet saturation technology and is turn-key with a fully developed line of networking contacts already in place. Strong net revenues, full training and ongoing support are included with this sale.

Business is priced at $250K including all inventory, IP, software and real estate. This cashflow positive LTC nursing home nestled in the Ozarks won’t last long! Call Jay Shrewder today for more information.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
2,400
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful 2400 sq ft LTC nursing home located on 3 rolling acres in the Ozarks. Facility is currently 10 beds but could be expanded to 12 beds almost immediately. Owner/manager could live on site as well.
Competition:
No competition within 30 sq. mi. Currently there is a waiting list of clients!
Growth & Expansion:
Nursing home industry has been on continual growth curve due to aging population and favorable Medicare/Medicaid assistance
Financing:
15%
Support & Training:
Seller will train new owner for 30 days and stay on as consultant under contract after 30 day period. MO does not require ltc nursing home owners have medical licenses and/or medical directors.
Reason for Selling:
Focusing on other business ops
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Jay Shrewder

Business Listed By:
Jay Shrewder

Global Business Brokers LLC

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