Under Agreement - Rest Home / Turn Key

Not Disclosed, MA
Worcester County


Asking Price: Annual Revenue:
$2,400,000 $1,438,864

Services: Senior Living & Care, Assisted Living


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RE: Under Agreement - Rest Home / Turn Key Broker: Karen

Quick Facts

Asking Price: $2,400,000
Annual Revenue: $1,438,864
Net Profit: Not Disclosed
Cash Flow: $392,681
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1970
Employees: 19
BBN Listing #: 16802849
Broker Reference #: 15663

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Business Overview:

Great Opportunity

Manager & Staff In Place

• 1st time available in nearly 40 years.
• Moratorium on licenses since 1993 makes this opportunity very valuable.
No new competition can come into area!
• This is a Rest Home not a skilled nursing facility, therefore, anyone can become
an owner/operator (administrators are not required).
• Great opportunity if you're looking to expand your portfolio.

15,000 square feet facility is in great shape on 1+ acre property. Building has been recently upgraded including roof, heating, windows, siding.

Real Estate Included in Asking Price!

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Property Features and Assets:

Real Estate is included in asking price. 15,000 square feet facility is in great shape on 1+ acre property. Building has been recently upgraded including roof, heating, windows, siding.

Market Competition and Expansion:

Moratorium on licenses since 1993 makes this opportunity very valuable. No new competition can come into area!

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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