Listing Number: 86715-924637
Highly profitable assisted living facility located in Alabama that is a retirement dream for Seniors. The facility is super clean and spacious having consistent revenues with an experienced and caring staff. This opportunity provides the buyer with two combined buildings located on almost 3 acres of prime real estate near a highly traffic lakeside area.
The facility is currently licensed for 30 beds based on a combined total of 24 rooms. 6 HC rooms and 18 two room suites, which the center has consistently reflected 95% occupancy over the last 3 years. During 2020, their combined occupancy is roughly around 96% while continuing to reflect strong profits for this year.
Owner is a licensed administrator and is willing to stay on and help transition the potential buyers while having a defined succession plan in place from other staff members. This is a great absentee opportunity for a buyer with an owner that has consistently reflected great results and state reviews.
- Price: $2,600,000
- Down Payment: $780,000
- Sellers Discretionary Earnings: $350,000
- Total Sales: $1,083,000
- Location: Alabama
- Inventory: $0
- FF&E: $0
- Employees: 10
- Year Established: 1998
- Reason for Selling: Retirement
- Category: Medical Related Biz