Established Profitable Personal Care Home

Not Disclosed, GA

North Georgia


Asking Price: Annual Revenue:
$600,000 $575,000

Services: Senior Living & Care, Assisted Living


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RE: Established Profitable Personal Care Home Broker: Bill Pinson

Quick Facts

Asking Price: $600,000
Annual Revenue: $575,000
Net Profit: Not Disclosed
Cash Flow: $209,000
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: $1,800,000
Year Established: 1998
Employees: 13
BBN Listing #: 905543201
Broker Reference #: Not Disclosed

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Business Overview:

Established Personal Care Home-Fast Growing Industry!

Fast growing Industry, now is the time to buy!! SBA approved financing. Will show a cash flow for this year over $400K. Well established personal care home in North Georgia, in business for over 24 years. Home has 24 beds and is in a great location. Profitable and growing. Made it through the pandemic and held strong. Excellent reputation. Home has been expanded a few times over the years, plenty of room for further growth and expansion. Memory Care is a potential growth area. Very efficient, well trained staff. No medical background or special certifications required to run this business.

Asking price - $600,000 plus Real Estate (not included in asking price) - $1,800,000

A few perks and amenities at the home:
• Gated Community
• Gold Fish Pond
• Gazebo
• Raised Vegetable Gardens

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Property Features and Assets:

19,000 square feet building including a 1,100 square feet apartment, 3,000 square feet that is unfinished and a 3 bay and 2 bay car garage.

Market Competition and Expansion:

Although there are quite a few assisted living homes in the area, personal care homes are a niche market and there are only a few competitors. This home focuses on making residents feel they are in their own home, it has set them apart from their competitors. With this, their excellent reputation and competitive pricing, they are a local leader. Several expansions have been done over the years, there is potentially room for more. Adding memory care is a potential route of expansion.

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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