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Assisted Living Faciility
Location: United States -> Virginia -> Lexington
Industry: Health and Medical > Long-Term Care Facilities

Business Summary

Business provides private day care to a growing community of retirees moving into the Shenandoah Valley from across the US. The facility is beautifully designed, clean and well-staffed. The interior is spacious, while maintaining a sense of ''home-like''comfort. The rooms are unique and beautifully decorated and stay at or close to capacity at all times. Currently the facility is occupied by 7 private resides & 10 semi-private. Also, the facility has large and well-maintained grounds. The 12,800 sq.ft. facility is in the country with spectacular views of three mountains. Residents can experience a private, rural setting, just five minutes from the historic Virginia city. Manager's/Owners apartment in facility. The owners have recently instituted a new policy for services. Monthly rates are determined by the amount of care given clients. The new owner can take advantage of dramatic savings while living in the beautiful apartment on premises with all overhead paid for by business An additional 5% is being received for 2012 Asking $2,800,000. Call 434-974-4550


Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $824,228
Cash Flow:   $305,657
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $205,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2002
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned

About The Sale

Reason For Selling:  Retirement

Print Listing Id: 700155910
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