Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Home Care Seminars LLC Franchise Opportunity

GNC Live Well Franchise Opportunity

Angel Companions Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Profitable Multi - Bed Assisted Living Facility
Location: United States -> Alaska
Industry: Health and Medical > Long-Term Care Facilities




Business Summary

The single largest population group in the United States is the so-called baby boomers, and in 2016 they began turning 65 years of age. In 2018, 10,000 members of this demographic group began turning 65 years of age, every day and will continue to do so for the next fifteen years or until 2034. Beyond 2034 the pace slows but continues to grow.

A vast majority of this population will require assisted living care; in fact, it is projected 70% of this population will require some sort of care during their post-65 years lifetime. Organic and sustainable growth should be anticipated, and there is room to expand on a .99-acre plot next door, which is being sold in conjunction with the business.

BUSINESS HIGHLIGHTS:

- Profitable 8,278 square foot,16-bed assisted living facility situated on two abutting lots .47-acres each in the Matanuska Susitna Borough.

- Adjacent to an undeveloped .99-acre lot also owned by sellers, which could be developed into an additional assisted facility and sharing staff.

- 2018 Gross Income $1,226,771. SDE $403,189.

- Originally a six-plex, two third floor 2-bedroom units are not utilized for assisted living, room to expand. Appraised in 2018 at $1,214,000, not including the adjacent lot.

- Owner training & support offered (2-4 weeks).

- Non-compete 1,000 miles, 10 (ten) years.

- Established in 2,000, and consistently profitable.

- Total asking price $1,982,000 including the real estate, fixed and current assets plus FF&E. Based on an SBA 20% down, investor cash injection is $396,400 making ROI for investor cash injection 1.4 years.

Possible seller financing on a small portion.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,226,771
Cash Flow:   $4,031,889
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $1,182,000
Seller Financing:  Yes

About The Business

Year Established:  2000
Number of Employees:  20 - 34
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  4 weeks
Reason For Selling:  retiring

Photos

View Larger Photo(s) Of Business
Profitable Multi - Bed Assisted Living Facility Photo 1




Print Listing Id: 700335327
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!


Related Searches: Chiropractic Practices  >  Dental Practices  >  Health Clubs and Spas  >  Long-Term Care Facilities  >  Medical and Dental Labs  >  Medical Clinics  >  Medical Devices  >  Medical Practices  >  Optometry  >  Pharmacy  >  Other Health and Medical  > 

Also See: Franchise Opportunities > Franchise Resales > Alaska Businesses For Sale > Alaska Franchises For Sale > Alaska Business Brokers



CAN'T FIND A BUSINESS?
Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700335327
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.