Owner Financing is Available!
Business Overview:
56 Bed Assisted Living Facility Distress Sale For $1,499,000! Turnkey, Well positioned in desirable area. THIS BUSINESS IS GROSSING $1,700 PER MONTH PER PATIENT! However, this is an asset sale there are NO financials available, this is a distress sale at a low price. OWNER NEEDS TO SELL AS HE MUST RELOCATE!....asking price is 500K below appraised value. This is a 56 bed Assisted Living Facility Plus Real Estate.The real estate alone is valued at approximately $2,000,000!. 100% Medicare/Medicaid. 40 out of 56 beds are currently occupied due to operator illness,so there is a huge upside to dedicated Owner in good health & full of enthusiasm PLUS a new administrator is now in place to oversee the business! More beds filled--more income! Established since 1999 with a superb reputation in the community. This is a well maintained facility in a spacious 13,800 well presented layout. There is also plenty of room to grow as this Assisted Living Facility is very fortunate to be located on 5.8 acres of land. The staff are warm & friendly & there are lots of contented residents who call this facility home. Please contact now for more information.& an opportunity to visit. Serious inquiries only--OWNER FINANCING AVAILABLE WITH $400,000 DOWN PAYMENT!
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:
13,800 square feet free standing one story concrete block building with brick exterior & aluminum roof with 5.8 acres available for future expansion. This Assisted Living Facility is near Raleigh, North Carolina & is approximately 30 miles from 2 major Metro areas. Considered the gateway to the eastern section of North Carolina, a great region from which to explore the historic, natural, & recreational resources of the coastal areas. This area has become the commercial, cultural, educational, & medical hub of the region.
Market Competition and Expansion:
Some competition
Reason for Selling:
Owner is moving to Asia.
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.
Resources: