Business For Sale

Senior Care facility 28 suites over $1M in revenue

Clayton, GA
Rabun County


Asking Price: Annual Revenue:
$3,100,000 $1,080,000

Services: Senior Living & Care, Assisted Living


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RE: Senior Care facility 28 suites over $1M in revenue Broker: Matt Wochele or J Snypp
Owner Financing is Available!
Maybe 10%

Quick Facts

Asking Price: $3,100,000
Annual Revenue: $1,080,000
Net Profit: $390,000
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: $2,500,000
Year Established: 2007
Employees: 18
BBN Listing #: 838530182
Broker Reference #: 030520181

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Business Overview:

This 21,000 Square Feet senior care facility was established in 2007 to serve the north GA community. They have 28 suites and are licensed for 2 residents per suite if desired. Their revenue is in excess of $1M with the seller's discretionary earnings in the $390,000 range before debt service. The facility has a lower level that can be completed to handle another 12 suites. The owner feels this is an opportunity to open a memory care unit on the premises. The owner is retiring from multiple businesses and is beginning to liquidate some of his holdings. The facility is run by an executive director and two assistant directors allowing the owner to be mostly absentee. we are asking $3.1M for the property and the business.

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Property Features and Assets:

This 21,000 Square Feet senior care facility was established in 2007 to serve the north GA community. They have 28 suites and are licensed for 2 residents per suite if desired. Their revenue is in excess of $1M with the seller's discretionary earnings in the $390,000 range before debt service. The facility has a lower level that can be completed to handle another 12 suites. The owner feels this is an opportunity to open a memory care unit on the premises. The owner is retiring from multiple businesses and is beginning to liquidate some of his holdings. The facility is run by an executive director and two assistant directors allowing the owner to be mostly absentee. we are asking $3.1M for the property and the business.

Market Competition and Expansion:

This 21,000 Square Feet senior care facility was established in 2007 to serve the north GA community. They have 28 suites and are licensed for 2 residents per suite if desired. Their revenue is in excess of $1M with the seller's discretionary earnings in the $390,000 range before debt service. The facility has a lower level that can be completed to handle another 12 suites. The owner feels this is an opportunity to open a memory care unit on the premises. The owner is retiring from multiple businesses and is beginning to liquidate some of his holdings. The facility is run by an executive director and two assistant directors allowing the owner to be mostly absentee. we are asking $3.1M for the property and the business.

Reason for Selling:

Retiring, liquidating holdings.

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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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