Owner Financing is Available!
Business Overview:
This is a "less than 40-bed" rest home in the west central portion of Massachusetts. This all brick home is a Level IV rest home (not a skilled nursing facility) that has been in operation for decades. Solid census and management in place makes this a wonderful opportunity for semi-absentee ownership or a perfect set up for someone wanting to be fully involved and work the business full-time. Just a note that the earnings presented reflect the manager in place. Earnings would be higher for a working owner. Massachusetts has had a moratorium on new licenses since 1993 and there is no end in sight for this to be lifted making these licenses very valuable. There is significant potential for improving this business through operational changes and even some building expansion to take advantage of the ability to add up to 12 beds without DON approval for gaining those extra beds. The Real Estate & Property are included in the sale price. Please contact Ron Ekstrom at rekstrom@sunbeltne.com to receive a confidentiality agreement to execute to receive the marketing package.
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.
Reason for Selling:
Retirement
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.