Assisted Living Facility

Colorado Springs, CO (El Paso County)

Assisted Living Facility

Asking Price:$279,000

Cash Flow:$34,164

Gross Revenue:$161,923

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$206,000

Established:1990

Assisted Living Facility

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Business Description

8-bed assisted living elderly care center. Assisted living is a very important part of the continuum of senior care. This assisted living elderly care business consists of a facility with 8 bedrooms, one with its own private ½ bath. It includes a staff bedroom, laundry area, living and dining room, a storage room, an entry and office area, full-sized kitchen, full bath and another bathroom with shower. This facility consists of approximately 2200 square feet. There is an optional home next door that could be used for owner living or for live-in supervisors (not included in the price). This business is designed for individuals who require assistance with everyday activities such as meals, medication management or assistance, bathing, dressing, and transportation. With that in mind, a long-term care option that combines housing and support services is the perfect solution for those concerned with the care of their loved ones.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
5
Facilities:
The main property is a one-story ranch-style home with approximately 2200 square feet.
Growth & Expansion:
Several options exist for a new owner. The facility is fully staffed and can be operated as the current owner is doing with no change in staffing or responsibilities. Additional marketing is always an option to increase occupancy. If a new owner was a couple, they would have the option to purchase the property next door to live in. They may also take on some of the responsibilities such as cooking, administration, or handyman services. There is some existing financing in place that may be assumed.
Support & Training:
Negotiable as required by Purchaser.
Reason for Selling:
Other business ventures.

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Larry Blevins

Business Listed By:
Larry Blevins

National Business Brokers, Ltd.

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Sponsoring Broker:
David Finsterwald

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