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


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

Included in asking price
Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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.
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.
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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Christopher George, CBOA

Business Listed By:
Christopher R. George

George & Company/CentralBrokers

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