| Profile No. ND-0887 and ND-0888 |
Assisted Living Facility with a solid growth model. |
| NAICS or Sic Code: 623312 | Industry: Assisted Living Facilities for the Elderly |
| Gross Sales: |
Sellers Discretionary Earnings: |
| Value of Assets Included: |
Inventory Included: |
| Asking Price: $2,900,000 |
Real Estate Included. |
National Business Brokers businesses for sale
Turnkey Assisted living Facility with two properties each serving 16 residents that can be relicensed to support 32 residents each without any build out expenses. The properties are within walking distance of each other. Staffing is shared between facilities. Directors are in place. Seller is hands off and watches the financials. Each property has a two story home attached that can be used for staff housing or owner housing. A 2021 Industry Specific Valuation was performed by a professional valuation group and can provided for review. Owner is ready to retire. The owner will consider all offers and terms. A local bank would like to be considered by the new ownership group. This is a terrific 1031 exchange business and Real Estate Package.
Two purpose built facilities with 16 single occupancy rooms that can be expanded to double occupancy rooms with relicensing.
Facilities have a constant waiting list.
All bedrooms are single occupancy and are large enough to be double occupancy. Apply for updated license to move from 16 residents to 32 residents. Move from Medicaid to private pay when possible.
Seller will consider all offers and terms
