Successful, Est. Assisted Living Facility w/RE

Not Disclosed, IL
Adams County


Asking Price: Annual Revenue:
$6,300,000 $1,324,588

Services: Senior Living & Care, Assisted Living


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RE: Successful, Est. Assisted Living Facility w/RE Broker: Charlie Scarlett
Owner Financing is Available!
Owner Financing Terms $315,000.00 Owner Financing Interest 8% Owner Financing Terms Months 120 Owner Financing Monthly Payment $3,821.82

Quick Facts

Asking Price: $6,300,000
Annual Revenue: $1,324,588
Net Profit: Not Disclosed
Cash Flow: $461,247
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
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. The business is consistently profitable and generates a NOI of $461k. 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.

To learn more, contact Charlie Scarlett the listing agent at with Transworld Business Advisors 636-400-5409 cscarlett@tworld.com or our office at 636-400-6100 stlwest@tworld.com and ask about listing Number: 481278

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Reason for Selling:

Retirement

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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