Assisted Living Facility with 6 Beds

North Miami Beach, FL
Miami Dade County

Miami-Dade County

Asking Price: Annual Revenue:
$275,000 $268,852

Services: Medical, Dental

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RE: Assisted Living Facility with 6 Beds Broker: Andy Fischer

Quick Facts

Asking Price: $275,000
Annual Revenue: $268,852
Net Profit: Not Disclosed
Cash Flow: $108,351
Total Debt: Not Disclosed
FF&E: $13,896
Real Estate: Not Disclosed
Year Established: 2009
Employees: 6
BBN Listing #: 30344955
Broker Reference #: 1040-16085

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Business Overview:

Assisted living facility with 6 beds, located in North Miami Beach. The business specializes in long-term and respite care services, tailor made for each individual. As a religious based home they welcome residents of all backgrounds and faiths. Currently ran as a kosher facility. Great location with beautiful spacious tree shaded grounds and nearby water-lined allows for residents to access walking paths and encourage the residents to participate in outdoor activities, fresh air and sunshine. The concept offers elders an alternative to the typical institutional-style nursing home which provides a nurturing environment where residents receive supervision and around the clock care that can not be found in the typical large institutions. Seller owns the real estate and will offer convenient lease terms. She wants to dedicate to her profession so she has decided to sell. Good 2020 results and positive expectations for 2021.

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Property Features and Assets:

House with great location in North Miami Beach, owned by the Seller. 2,500 square feet rent will be $ 2,500 per month. Assets= $64,396

Market Competition and Expansion:

This is the only specialty facility of its kind in Miami-Dade county. The owner has another job and she dedicates approximately 12 hours a week to this business. A more dedicated owner can increase the occupancy of the business and make it more profitable. A stronger presence in the internet.

Reason for Selling:

Owner wants to dedicate to her profession.

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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