Turn-Key Residential Care Home

Barre, VT (Washington County)

Turn-Key Residential Care Home
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Asking Price: Get Financing: $215,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $140,000

Established: 1965

Turn-Key Residential Care Home

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Business Description

With the number of people over the age of 85 expected to double from 1.4m to 3.5m over 25 years, there is clearly a growing demand for care home services. Providing
a safe and comfortable home for aging adults or adults with disabilities is not only rewarding but a business where there is always a demand for the space you have
available. This residential community care home offers Level 3 care for up to 11 clients in this updated two story home fully equipped with a sprinkler system. There are
two comfortable sitting rooms, 2 baths, 8 bedrooms, a fully equipped kitchen and staff quarters. Residents enjoy sitting on the 2 covered porches overlooking the park
-like setting across the street which also conveys with this property. There's also an oversized 2-car garage. Located within the City of Barre, residents may use the sidewalks to walk to downtown, public transportation is available and Project Independence offers wonderful daytime activities for residents. Truly a turn-key business, the residents, staff and furnishings
are all in place for you, not to mention you'll benefit from the outstanding reputation of service for the past 50 years!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,052
Employees:
5
Facilities:
2052+- SF building, 2-car detached garage, 0.24+- acres with river views and ample parking
Competition:
There are very few care homes available in the area and referrals are continually received from local hospitals and nursing facilities. This facility provides for an at-home, comfortable feel.
Growth & Expansion:
There is potential for an additional building to be purchased which would allow the new owner to more than double the size of the facility
Financing:
Cash, private financing, real estate financing
Support & Training:
Owner will provide training and is staying in the area if additional information was needed. Existing manager would like to stay in place if the new owner would like her to.
Reason for Selling:
Retirement
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Business Location


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(from currently available funds)
 
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Tonya Cher

Business Listed By:
Tonya Cher

Cher Real Estate Inc.

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