UNDER AGREEMENT Assisted Living - Great Business Opportunity

Norfolk County, MA

Seller Financing Available
UNDER AGREEMENT Assisted Living - Great Business Opportunity
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Asking Price: $1,995,000

Cash Flow: $417,101

Gross Revenue: $1,059,532

EBITDA: N/A

FF&E: $200,000

Inventory: $25,000

Real Estate: N/A

Established: N/A

UNDER AGREEMENT Assisted Living - Great Business Opportunity

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Business Description

You don't have to be in a Medical Profession to own!
Easy to Run / Easy to Own
This beautiful, totally renovated assisted living home is located in suburban Massachusetts.
Management is in place as well as a fully trained staff making this truly a
turn-key opportunity.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Has gone through a top to bottom, inside and outside renovation, over the past 4 years. From roof to rooms, to bathrooms, wiring, plumbing, heating, etc.
Competition:
One constant in recent years has been the steady growth in value for all types of long term care. Due to moratorium in 1993 you can't just acquire a license and build a facility you have to buy an existing facility.
Growth & Expansion:
Most facilities have limited growth potential due to limited expandability at their location - this facility has the flexibility for an acquirer to physically expand the footprint of the facility.
Financing:
Some possible seller financing for qualified buyer
Support & Training:
Day-to-day operations is managed by the Manager with excellent staff in place that cover all shift hours.
Reason for Selling:
Being sold to pursue other interests
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Contact the Seller

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Christopher George, CBOA

Business Listed By:
Christopher R. George

George & Company/CentralBrokers

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