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Texas Business For Sale |
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| UPSCALE SENIOR AND ASSISTED LIVING CENTER 2249BW |
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| Attn: M J Dailey BCB, CBI, LREB |
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| Not disclosed, TX, USA |
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| Asking Price: |
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$1750000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Medical, Dental, Assisted Living |
| Reason for Selling: |
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Health and family interest |
| Year Established: |
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2004 |
| # of Employees: |
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18 |
| Yearly Revenues: |
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$727974 |
| Yearly Cash Flow: |
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$229811 |
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Business for Sale Overview:
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Current Revenues are as of 12/31/2007. The Seller is an “Absentee” manager, but maintains the financials.
An "Upscale", family owned and operated Independent and Senior and Assisted Living facility located NE, TX, in a picturesque residential neighborhood situated on approximately 5 acres. Near the medical, hospital and shopping districts, this offering is a peaceful facility intimate enough to provide personalized attention to your loved one. (All Real Estate and buildings are included in the offering. Approximately 5 Acres) Daily Resources, Inc. is a Licensed Real Estate Broker. This is neither an offer to sell nor a solicitation to sell securities.
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Property Features and Assets:
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A total of 5 Acres. Current resident count is 22 AL and 6 IL. with buildings occupying approx 4 acres plus parking facilities. |
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Market Competition and Expansion:
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The competitive environment in the area is healthy. However, the non-institutional appearance and home-like setting give the business a distinct advantage and a strong niche in the market.
The area has several institutional-style Assisted Living facilities. In January 2007 a 60-unit Assisted Living was opened in the city. They have struggled to fill their rooms but this business has experienced no decline in move-ins since this newer competitor opened for business.
An additional acre is available for additional units. the owner has started drawing the construction plans for a multistory unit to add 8 additional AL suites and up to 12 additional Independent Living apartments |
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Additional Details:
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- 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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