8 Bed Assisted Living Home For Sale@ great price!

Colorado Springs, CO
El Paso County


Asking Price: Annual Revenue:
$475,000 Not Disclosed

Services: Senior Living & Care, Assisted Living


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RE: 8 Bed Assisted Living Home For Sale@ great price! Broker: Kathie Bluejacket
License #: EA040030955

Quick Facts

Asking Price: $475,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $330,000
Year Established: 1978
Employees: 4
BBN Listing #: 943855014
Broker Reference #: 9006875

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Business Overview:

This is a long-term care option for seniors who do not require skilled nursing care but shouldn't be living without unassisted help. This facility combines housing, personalized assistance with support services and health care into an environment where residents are treated very well. Residents enjoy the home like atmosphere with quality aid per day. This is a full service operation which offers exceptional care.
P & L's from 2018 only had 5 beds filled. As of this month - 6 beds are filled

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Property Features and Assets:

Business and property is listed for 475K. Latest CMA on the real estate is 330K at 120 a sq foot. This assisted living property is completely code compliant with sprinklers, alarms, etc. Fully staffed

Market Competition and Expansion:

This is a small well run senior care facility so it doesn't compare with large assisted living services

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 a franchise resale opportunity.

Documents:

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