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- RE: 9 Bed Licensed Assitted Living Facility
- Contact: Private Seller
Quick Facts
| Asking Price: | $625,000 | |
| Annual Revenue: | Not Disclosed | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 5 | |
| Employees: | 7 | |
| BBN Listing #: | 1009660 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
This is a turn-key, small-format assisted living facility, also known as a personal care home, dedicated to serving the elderly and disabled in Port Neches and the surrounding Mid-Jefferson area. The facility opened in January 2022 and is fully-licensed by the State of Texas to provide personal care and residential services. All policies and procedures, as well as a trained and capable manager, are in place and will transfer.
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Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Property Features and Assets:
The facility was once a single family home and, in 2022, was completely renovated and converted to house a nine-bed (9) assisted living facility. There are five (5) total bedrooms: two (2) single rooms with one (1) bed each, two (2) semi-private rooms with two (2) beds each, and one (1) triple room with three (3) beds. The property is zoned commercial. There is ample space on the nearly-one (1) acre lot to add-on to the existing structure or build a separate structure.
Market Competition and Expansion:
Marketing has been limited to social media (Facebook and Google), a Chamber of Commerce-sponsored “grand opening,” and infrequent sales calls to skilled nursing facilities, rehabs, and hospitals in the surrounding area. The owner is a member of the Port Neches Chamber of Commerce and serves on the board of Healthcare Network Association (HNA), which is made up of senior healthcare professionals. Since the facility opened, most referrals have come from hospice agencies or by word-of-mouth. On average, the facility receives 3-4 serious inquiries per month and has an approximately 30% closing ratio. The facility is currently operated as part of Advocates for the Independent, a Houston-based home care agency, but is being sold separately. The facility can be sold together with the home care agency, if desired. Please contact the owner for additional details about purchasing both companies.
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Reason for Selling:
retiring. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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