Listing Number: 86715-149408
Property is a 32 unit facility with 16 licensed beds for speciality care along with 16 licensed beds for assisted living. Specialty care beds are licensed and have averaged 100% occupancy for several years while the assisted living beds have averaged 80-90% occupancy.
The property is over 30 years old and was recently newly renovated along with the outside parking area. The business has a licensed administrator who is willing to stay on with the new buyer. This is a great buy for an absentee owner looking for a good return on investment while having hardly any attrition.
- Price: $2,100,000
- Down Payment: $420,000
- Sellers Discretionary Earnings: $223,388
- Total Sales: $983,040
- Location: Alabama
- Inventory: $0
- FF&E: $0
- Employees: 30
- Year Established: 2017
- Reason for Selling: Retirement
- Category: Medical Related Biz