Turnkey Assisted Living Facility
Location:
United States
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Maryland
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Salisbury
Industry: Health and Medical > Long-Term Care Facilities
Business Summary
16-bed assisted living facility. Situated on spacious 2 acre lot in scenic rural area at Maryland Eastern Shore. Fully occupied and approved for Meidcaid Waiver and Medicaid Subsidy. The property has approved sprinkoer system and is ADA approved. Facility in operation since 1995. 9 bedrooms and 5.5 baths. Resient manager's quarters . Presently 10 full-time and 3 part-time employees. Sale includes all furniture, appliances, operation equipment, riding mower and1993 Dodge Voyager resident transportation van. Four heat pumps provide heat and central air conditioning. Call for income/expense proforma and to arrange an on-site inspection. This sale is confidential. Asking $1.1 million. Can be purchased in combination with sister property in nearby Pocomoke City, Maryland. Contact for more information on this Assisted Living Facility business for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$486,627
Cash Flow:
$174,940
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 1995
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
About The Sale
Reason For Selling: Seller has moved. Seller buying larger facility...
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: 70037900
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