37 Bed Adult Senior Living Elder Care Business

Wichita, KS
Sedgwick County


Asking Price: Annual Revenue:
$1,000,000 Not Disclosed

Services: Senior Living & Care, Assisted Living


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RE: 37 Bed Adult Senior Living Elder Care Business Broker: Blake Baysinger

Quick Facts

Asking Price: $1,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $355,112
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 42
BBN Listing #: 390342615
Broker Reference #: 8953-153504

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Business Overview:

With an average weighted SDE of $355,000, this very successful eldercare business should have a very bright future. This very highly rated 37 bed elder care business has 34 staff in place that allows for possible absentee ownership. The business is so well run that no Covid-19 cases have occurred. Financial records are provided by a professional bookkeeper and CPA. Professionalism is further illustrated by the lack of unemployment payment requirements and very safe workers comp rating. Beautifully updated, this business is comfortably located a in desirable Wichita locale. This is a major benefit for those looking to live in a more personal, home-like atmosphere without sacrificing the level of care and attention to detail. The assets include appliances in fully equipped kitchens used for daily meals, and all rooms are fully-furnished. The 34 professional staff members include RN, LPN, CMAs and CNA’s. Additionally, there is a full-time cook, maintenance technician and activity director. A new owner does not need to be a nurse to own and operate this business. The staff is dedicated and reliable, with very low turnover, and many employees have been employed over 15 years.

Real estate is available for purchase or lease and is not included in the price of the business. Fitted with ADA restrooms, large closets, heating and air and shared areas that include dining rooms, activity rooms, fireplaces, porches, decks, ramps, kitchens, laundry areas, pantries, and storage. Transportation in a newer bus(included) is offered for activities to those residents who request such a service. All daily meals are provided on site in shared dining rooms. Extended care services are brought in as needed and can include therapy, X-Ray, Lab, Podiatry, home health, barber/beautician and hospice services. 40% of residents are currently private pay.

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Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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