Business Overview:
Five growing assisted living facilities available on 3 proximate campuses. 2009 stabilized revenue is est. $2.3M, projected cash flow is $1.1M. Profits may pay for debt service and the real estate, while also providing significant yearly income. Increasing demand exceeds supply, and all facilities are at or near 100% occupancy. Includes $7M in real estate, with all buildings new or in excellent condition. Land and approved plans included for a 6th location. Further locations are also available for expansion. Seller is retiring and this excellent investment opportunity will not be available long. Absentee ownership available.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.