| Asking Price |
$445,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$300,000 | Real Estate |
|
| Cash Flow |
$45,000 | Year Established | 1994 |
| FF&E |
yes* | Employees | 8 |
* included in the asking price
** not included in the asking price
The company has been in business fourteen years and has an established reputation as a high quality 24 hour assisted living care facility. The business prides itself in providing a home-like setting with a full staff of friendly helpful caregivers. The business is licensed for ten beds but has always operated a seven bed facility. Private rooms with full meals and the highest quality assistance rent for $2,600 to $3,000 per month and semi-private rooms are for rent for $2,300 - $2,400 per month. The business to include real estate, all furniture, fixtures equipment, trade name, covenant not to compete, and training is offered for sale for $ 445,000.00. OWNER IS LOCATED OUT OF STATE AND OPERATES THE BUSINESS ABSENTEE.
Facilities: The business is well located, convenient to doctors, hospitals, and area businesses.
Competition: The business has an established reputation as a high quality 24 hour assisted living care facility.
Growth/Expansion: Definite growth opportunities exist through expansion of number of available beds.
Financing: Financing available with $100,000 down payment
Support/Training: Seller is willing to train for a period of time.

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