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Business for Sale Overview:

Assisted Living Home has 17 Years of Excellence service in the Gulf Coast Region. The facility comprises 22,857 square feet building with 1,464 square feet of open porches and patios, 5,000 square feet parking area, and 79,500 square feet of landscaped green area sitting on approximately 2.86 acres. The home is currently licensed for 60 beds and can be approved up to 88 beds by adding a sprinkler system. The staff includes a nurse and professional management, 22 employees total. The facility currently offers semi-private room at $1,800 monthly and private rooms at $2,200 monthly. Additionally, day care services are provided. This facility has had numerous upgrades in the last two years and is poised for future growth. The business portion is being listed for $100,000 and the real estate is being offered at $1,200,000. The seller is willing to consider some owner financing. This facility is well managed and maintained. It possesses future growth potential with an additional 28 beds. This is a great opportunity to own a business in which future demand is steadily increasing and a steady profit margin can be provided to its owner. Biloxi-Gulfport-Pascagoula was named "The South's Top Mid-Sized Market" by Southern Business and Development Magazine. Listed in 2000 Forbes Top 100 Places to Do Business and Money Magazines "Best Places to Live" surveys.

Property Features and Assets:

22,857 square feet building; available for purchase.

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 resale opportunity.
• This is not a distressed business or bankruptcy situation.