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Business For Sale
ASSISTED LIVING FACILITY WITH LIVING QUARTERS
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Asking Price: |
$695,000
USD USA Dollars
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Business for Sale Industry: |
Services: Medical, Dental, Assisted Living
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Reason for Selling:
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Owner has other interests |
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Year Established:
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1991 |
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# of Employees:
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3 Full Time / 1 Part Time |
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Yearly Cash Flow:
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$137,133 |
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Yearly EBITDA:
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$271,936 |
Business for Sale Overview:
“Senior population is growing at an unprecedented rate.” According to the Assisted Living Federation of America, one factor contributing to the growth and popularity of the industry is the aging population has shown a dramatic increase in the number of persons aged 85 and older. According to census figures, about 6.5 million older people need assistance with daily living activities. That number is expected to double by 2020. This Assisted Living Home provides residence housing- including meals and snacks, housekeeping, laundry, transportation and services that include: assistance with daily living needs; bathing, dressing, personal care, supervision of medications, with 24-hour on-site staff in a secure environment in a country setting. These Residents are assumed to be fairly self-sufficient with a few exceptions. Those who are not self-sufficient, such as 24-hour nursing care, if required, are provided services such as medical programs of respite care, day care and short term stays. This State of NH Licensed Residential Care Home has been serving the community since 1991 and is family owned and operated. It is licensed for a capacity of 16 residents. The rate for a private pay resident is $2,342 per month and the Medicare rate is $2,142 per month. Great way to live free and work in a beautiful country setting! Check out the view from the owner’s porch!
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be 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.
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