41 Year Established Assisted Living Facility

Not Disclosed, FL

South Florida


Asking Price: Annual Revenue:
$2,300,000 $742,608

Services: Medical, Dental


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RE: 41 Year Established Assisted Living Facility Broker: Anthony Geronimo
Owner Financing is Available!
Loan/Seller- Amount: $300,000; Months:60; Rate: 6.00% Monthly Payment: $5,799.84

Quick Facts

Asking Price: $2,300,000
Annual Revenue: $742,608
Net Profit: Not Disclosed
Cash Flow: $250,640
Total Debt: Not Disclosed
FF&E: $57,162
Real Estate: $1,500,000
Year Established: 1980
Employees: 13
BBN Listing #: 4532630
Broker Reference #: 2301303792

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Business Overview:

41 Year Established 2 Building Assisted Living Facility that operates at or near full capacity at all times. They have an excellent reputation for providing top-quality care for their residents. The business is currently licensed for 29 patients but can be increased up to 36 taking the appropriate approval measures. Building one consists of 3, three-bedroom units as well as the current administrative offices for the business. Each unit is built out for double occupancy. Building 2 also has 3, three-bedroom units as well as a kitchen that supports the entire facility. These units also have their own bathrooms available. At $2,400 per shared bed, this facility is priced well below their immediate competition and there is an opportunity for a new owner to increase pricing modestly and still come in below the area competitors. After many years of taking care of others, it is time for the owners to take care of themselves and head toward retirement. This is a rare opportunity to acquire a turn-key assisted living operation with consistent patient capacity. NDA and PFS are required from all interested parties. Some Seller Financing available for Qualified Buyers. Please refer to listing # 2301303792 and ask for business broker ANTHONY GERONIMO when inquiring. Thank you!

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Property Features and Assets:

Square Footage: 5,552; Building Type: Free-Standing.

Reason for Selling:

Retirement

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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