Assisted Living Facility
Location:
United States
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Texas
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Dallas/Fort Worth
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Collin County
Industry: Health and Medical > Long-Term Care Facilities
Business Summary
Check out this newly listed, 14 bed assisted living facility for sale, 22 miles North of Dallas, located on 8 1/2 lush acres. The home, last remodeled in 2007, is 5000 sq ft, with 8 bed rooms, 5 baths, 4 showers and a Jacuzzi, 2 dining areas, large kitchen, sun atrium, 2 decks, covered side porch, gazebo and 2 car garage. License A - 14 patient facility with room for major expansion. All patients are ambulatory and private pay between 2000 and $3,000 per month. Real estate asking price is $850,000. Owner is offering some financing on the property. Email or call me with serious interest, David Meislin 315-292-6876.
Facilities: Residential / commercial neighborhood. 5000 sq ft. ranch style home. 8 bedrooms, 5 baths, 2 dining areas, large kitchen, sun atrium, 2 decks, covered side porch, gazebo and 2 car garage.
Growth and Expansion: There is plenty of room for expansion of 30 to 40 beds, with an addition.
Support/Training: Owner is willing to fully train and assist in a smooth transition.
Asking $349,900 for the business and $850,000 for the property.
Gross: $320,000
Cash Flow: $228,000
Furniture, Fixtures & Equipment: $60,000 (included in price)
Inventory: $1,000 (included in price)
Real Estate: $850,000 (not included in price)
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$320,000
Cash Flow:
$228,000
Cash Flow Type: EBITDA
Inventory: $61,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1993
Number of Employees: 4 - 5
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Owner is willing to fully train and assist in a smooth transition.
Reason For Selling: Owner wishes to retire...28 years in the business.
Click on the "I'm Interested" button above for more information on this Health and Medical > Long-Term Care Facilities business for sale.
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Print Listing Id: 700109303
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