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Assisted Living Facility with Level III License

Montgomery County, MD

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Asking Price: $2,750,000

Cash Flow: $732,970

Gross Revenue: $1,543,074

EBITDA: N/A

FF&E: $95,000

Inventory: $4,000

Real Estate: N/A

Established: 2001

Assisted Living Facility with Level III License

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Business Description

2019 Annualized Revenue $2,107,000 and Cash Flow over $1,096,000

Successful Assisted Living Facility with long history of success, excellent reputation, loyal staff, stable and growing revenue, and potential of having more residents! The business has severed hundreds of satisfied clients, word of mouth and referral has been valuable asset for this company. All professional employees are well trained in place and owner will provide training and support. The facility is licensed for 28 beds and as of 9/10/2019 has 23 residents with monthly average of $8,515 per month for total about $200,000 monthly revenue. Owner does not deal with insurances, Medicaid, or Medicare and it is all Fee for service and hassle free.

Detailed Information

Location:
Montgomery County, MD
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The owner owns the properties and might be willing to sell them if buyer would be interested.
Competition:
This Assisted living facility due to an excellent service and unique attention to each client has earned outstanding reputation. word of mouth and referral has been a great asset of this company.
Growth & Expansion:
The facilities are licensed for 28 bed and currently they have total 19 residents with potential to grow.
Financing:
550,000
Support & Training:
All employees and staff are in place and owner will provide training and support based on mutual agreed term.
Reason for Selling:
retirement/Heath
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(from currently available funds)
 
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Mike Zarinbaksh, MBA, CBI, M&AMIC

Business Listed By:
(Mike) Majid Zarinbaksh, MBA, CBI

Sunbelt Business Advisors

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