Successful Assisted Living Facility in Missouri

Not Disclosed, MO


Asking Price: Annual Revenue:
$2,100,000 $734,000

Services: Senior Living & Care, Assisted Living


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RE: Successful Assisted Living Facility in Missouri Broker: Christian Baldwin
License #: 2019039015

Quick Facts

Asking Price: $2,100,000
Annual Revenue: $734,000
Net Profit: $170,500
Cash Flow: $207,000
Total Debt: Not Disclosed
FF&E: $128,583
Real Estate: $2,310,000
Year Established: 1996
Employees: 15
BBN Listing #: 944547842
Broker Reference #: Not Disclosed

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Business Overview:

Due to the owner retiring, this well-run assisted living (level 2) facility is available for acquisition. The business has enjoyed a successful track record for more than 20 years where care and compassion for the residents are the top priorities. The current owner does not work in the business. There is an administrator with more than 15 years' experience staying and is willing to work with the new owner. The business does not offer memory care today but it can be added for increased profitability. The business is licensed for 46 and currently has a room capacity of 23.

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Property Features and Assets:

The building consists of 23 rooms on one level sitting on +/- 4 acres. Multiple common areas and a full dining area allow residents to enjoy companionship and time together.

Market Competition and Expansion:

A recent market study was conducted and it suggests memory care is needed. The business does not offer memory care today but it can be added for increased profitability. The business has a great reputation for quality care.

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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