Business Overview:
This is a well established small Type B licensed assisted living facility in Texas. It was established in 2008. All State inspections have reflected "no deficiencies". It is licensed for eight residents but currently has seven. The remaining vacancy may be used for a live-in or day care resident. Filling this space can have significant impact upon cash flow. Payments are made via private-pay, VA benefits or most long term care insurance policies. This business provides an excellent cash flow for an absentee owner with minimal day-to-day involvement. Owner is not required to be a nurse.
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:
Assets=$281,500
Market Competition and Expansion:
There are several residential care homes in the DFW Metroplex but few in the immediate area. What sets this home apart from others is its impeccable reputation and the fact that it is licensed. There have been no complaints since the business opened. This is a perfect opportunity for someone interested in this type of business to learn the ropes from an already well-established and profitable residential care home. This would position them to then open additional homes at a later date. Owning a second home would allow an owner to place additional referrals.
Reason for Selling:
Relocation
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: