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Massachusetts Business For Sale

 

CENTRAL MA REST HOME, W/REAL ESTATE INCLUDED


Attn: Ron Ekstrom
Central Massachusetts, MA, USA
Listing Number: "Woburn719"
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Asking Price: $2,375,000 USD USA Dollars
Business for Sale Industry: Services: Medical, Dental, Assisted Living
Reason for Selling: Retirement.
Year Established: 1974
# of Employees: 12 Full/3 Part
Yearly Revenues: $1,040,000



Business for Sale Overview:
Level IV Rest Home with capacity to modify to alternate uses such as alzheimer's locked unit, add adult day care, etc. The real estate valued at $1.5MM is included in the sale price. This is NOT skilled nursing. No required administrator's license, RN's or LPN's to staff. Business operates with RP's (Responsible Persons) and CNA's with a minimum of a LPN reviewing charts 4 hours a month. Quality contruction with recent $250,000 remodel to decor and systems. One of only a few in the state built to this size and specs. MA is has also mandated a moratorium on any new skilled nursing or level IV rest homes for the foreseeable future. This has been going on for 6 years. Only way to enter this market is to make an acquisition. Please contact to receive CA for signature to receive full write-up on the company.

Property Features and Assets:
23,000 sq. ft. building; included in sale price.



Additional Details:
  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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