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PRICE REDUCED Established Assisted Living Facility
Not Disclosed, IL
ADAMS County
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| Asking Price: | Annual Revenue: |
| $5,999,000 | $1,258,818 |
Services: Senior Living & Care, Assisted Living
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RE: PRICE REDUCED Established Assisted Living Facility
Contact: Charlie Scarlett
Owner Financing is Available!
Owner Terms:$315,000.00 Interest:9% Term Months:120 Monthly Payment:$3,990.39
Quick Facts
| Asking Price: | $5,999,000 | |
| Annual Revenue: | $1,258,818 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $356,390 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | $5,500,000 | |
| Year Established: | 2002 | |
| Employees: | 29 | |
| BBN Listing #: | 205763460 | |
| Broker Reference #: | 1110202-481278 |
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Business Overview:
Lovely, twenty year old retirement and assisted living facility on 7 acres in suburban central Illinois providing residential care for seniors. Excellent reviews. Adaptable for smaller group homes. Space for addition of a Rehab building. The business is consistently profitable and generates a NOI exceeding $350k. There is room on the property for expansion to increase residential capacity by 25% and more.
Opened in 2002, with first 4,200 sq ft building containing 8 units. Three additional buildings have been added, two with a lower levels and additional apartments. The facility has developed an excellent reputation and has been consistently full.
For more information, contact the listing agent Charlie Scarlett cscarlett@tworld.com with Transworld Business Advisors or our office at (636)400-6100 stlwest@tworld.com and ask about listing number 481278
Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.
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Property Features and Assets:
FF&E Overview: Residential furniture and support equipment.. FF&E General Condition: Well maintained.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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- View more Businesses For Sale in the same industry
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