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Business For Sale

30 Bed Assisted Living Facility in Eastern SC

Eastern, SC, USA

Services: Medical, Dental, Assisted Living

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$550,000
$320,000
Not Disclosed
$71,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1990
10
57027789
Owner Financing is Available
A small portion of seller financing is negotiable depending on buyer qualifications.

Business for Sale Overview:

30 bed Assisted Living Facility for sale - business, facility and real estate all included in the transaction --- The facility is well kept and offers ample opportunities for expansion and increased profitability --- Opportunities include: 1. Excellent and rare opportunity for a buyer who is looking to run absentee as there are currently 2 licensed SC Administrators on staff. 2. Facility is not currently participating in the SC IPC program. A new owner could contract this program and increase revenues and profits with little added cost. 3. The facility is currently overstaffed and the Owner works only minimal hours - adjustments could be made to reduce staffing expense and increase profitability. 4. An adult day care is needed in the area and could be added with little additional cost. --- Financing: Negotiable --- Support/Training: Seller will stay for a reasonable transition period to be negotiated. Also, the Assistant Administrator has an SC Administrators license and could be promoted to Administrator.

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.

Property Features and Assets:

8,617+/- Square Foot Facility on 3.14+/- Acres (subject to buyer verification). Built in 1989 with an addition added in 2000. 16 total bedrooms. Fully furnished - Typical furnishings in each bedroom include beds, dressers and end tables.

Market Competition and Expansion:

Competition: Minimal as there are only a couple ALF's in the County. --- Growth and Expansion: Ample room to expand on property. Could add an adult day care to increase profitability as well.

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

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