Profitable 16 Bed ALF for sale

Tampa, FL (Hillsborough County)

Profitable 16 Bed ALF for sale
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Asking Price: $875,000

Cash Flow: $129,000

Gross Revenue: $248,000

EBITDA: N/A

FF&E: $15,000

Inventory: $5,000

Real Estate: $625,000

Established: 1999

Profitable 16 Bed ALF for sale

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Business Description

Unique opportunity to purchase this 16 bed Residential Group Care/ALF facility located in the north Tampa area. The facility is nearly 4000SQFT and sits on over a half acre lot with mature trees in a quiet neighborhood. Lovingly owned and operated by a husband and wife team for 22 years plus and will assist in transition for new ownership. Recent installation of brand new AHCA compliant emergency electricity generator as well as other improvements. UPSIDE Potential to add beds and generate additional income and or change/upgrade the current license status to a higher degree of patient care.

Detailed Information

Location:
Tampa, FL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Single story facility
Competition:
Location is great, stable client referrals
Growth & Expansion:
Property can be expanded, or license can be upgraded to accommodate higher level of reimbursements.
Support & Training:
As Needed
Reason for Selling:
Retirement
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Mike Mauger

Business Listed By:
Mike Mauger

Doyle & McGrath Real Estate

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