Business For Sale

Asset Sale - Assisted Living Facility with Real...

Citronelle, AL
Mobile County


Asking Price: Annual Revenue:
$625,000 $255,958

Services: Medical, Dental


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RE: Asset Sale - Assisted Living Facility with Real... Broker: Lanier Chew
Owner Financing is Available!

Quick Facts

Asking Price: $625,000
Annual Revenue: $255,958
Net Profit: Not Disclosed
Cash Flow: $25,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 9
BBN Listing #: 35138301
Broker Reference #: MOBILAL001-N848

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Business Overview:

This Assisted Living is licensed by the Alabama Department of Health to operate as a 16 bed Assisted Living Facility. Assisted living facilities provide 24 hours per day assisted living services for each of its residents to include assistance with medication administration, bathing, grooming, meal preparation, dressing and much more. The Assisted Living Facility aims to provide a safe, nurturing and caring environment to its residents in a community-style setting that is similar to being in the comfort of their own home. The facility is arranged with 12 single private rooms, each sharing a semi-private bathroom and 2 large double occupancy private rooms with private bathrooms. The facility features a full-service kitchen, separate dining room, spacious living room, staff office, administrator’s office, laundry service room with multiple washers and dryers, and outside porches. The facility closed to residents the first of September, 2018. While it was opened they operated with a staff of 8 comprised of care aides, cooks, and Administrator. The facility is fully compliant with state regulations, fully sprinkled, and fire alarm systems and monitoring console. Wireless call system with back-up wired call system installed. This is priced as an asset sale. A local bank is very interested in seeing this opened back up and will consider financing an acceptable buyer.

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Reason for Selling:

Absentee Owner

Additional Details:

  • The property is owned.
  • 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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