Residential Care Facility

Little Rock, AR
Pulaski County

Asking Price: Annual Revenue:
$4,250,000 $1,286,130

Services: Senior Living & Care, Assisted Living

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RE: Residential Care Facility Broker: Bob Blanscett

Quick Facts

Asking Price: $4,250,000
Annual Revenue: $1,286,130
Net Profit: Not Disclosed
Cash Flow: $154,581
Total Debt: Not Disclosed
FF&E: $1,458,622
Real Estate: Not Disclosed
Year Established: 1974
Employees: 27
BBN Listing #: 9617392
Broker Reference #: #72100BB

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Business Overview:

Residential care facility, founded in 1974, and at current location since 1988. Licensed as a "Residential Care Facility and Assisted Care Facility"; specialized in care for the mentally ill, with close ties to the Mental Health Center for the State; and authorized to provide housing for the elderly. Family owned and operated, with 26 full-time and 1 part-time employees. Licensed for 183 beds, currently has 90+ clients (double occupancy). Property also has 15 cabins that can be rented as efficiencies for the elderly; a 2-BR efficiency cabin; and a 2000 sqft 2-BR/2 Bath administrator’s apartment which are not included in the residential care facility license. Most clients are on a combination of SSI, SSD, and veteran benefits; and provide Personal Care Services for those on Medicaid. Property is included in the sale, and includes 5.97 Acres, with central facility, cabins, and administrator's house. (pictures/blueprints of the facilities included in the package).

Refer to File #72100BB. Please respond with your name, email/mailing address and telephone/fax no.(s) so we may send a confidentiality agreement.

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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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