Assisted Living Facility-RE Purchase Required

Not Disclosed, FL
Miami Dade County


Asking Price: Annual Revenue:
$90,000 Not Disclosed

Services: Senior Living & Care, Assisted Living


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RE: Assisted Living Facility-RE Purchase Required Broker: Andy Fischer

Quick Facts

Asking Price: $90,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 4
BBN Listing #: 59494955
Broker Reference #: 1040-16536

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Business Overview:

Assisted living facility established in 2003. Home like environment with a Medicaid contract. The business needs to be purchased with the real estate valued at $320,000 with a lot size of 9,494 square feet and actual area of 1,516 square feet. There are 6 beds available for patients. The house has 1 private room and 3 rooms with three restrooms. They work with the following insurance companies: Molina and Simply Humana. Licensed for Limited Nursing and Limited Mental Health. Same staff for many years. Since the original owner passed away there hasn't been much dedication to the business. No digital marketing, the business doesn't have a web site.

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Property Features and Assets:

Real Estate needs to be purchased with the business. The price of the real estate is $320,000. The lot size is 9,494 square feet and the actual area is 1,516 square feet. The building was built in 1955. The building has all the permits to operate an ALF. Assets = $160,000.

Market Competition and Expansion:

This business was established 18 years ago. It is well known in the community. This business can improve by advertising and bringing new energy.

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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