PRICE REDUCED Established Assisted Living Facility
Not Disclosed, IL Not Disclosed
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- RE: PRICE REDUCED Established Assisted Living Facility
- Contact: Charlie Scarlett
Quick Facts
| Asking Price: | $5,300,000 | |
| Annual Revenue: | $1,138,156 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $188,819 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $200,000 | |
| Real Estate: | $5,400,000 | |
| Year Established: | 2002 | |
| Employees: | 29 | |
| BBN Listing #: | 205763460 | |
| Broker Reference #: | 1110202-481278 |
Business Overview:
Lovely, twenty-one year old retirement and assisted living facility on 7 acres in suburban central Illinois providing residential care for seniors. Excellent reviews. Adaptable for smaller group homes. Space for addition of a Rehab building. The business is consistently profitable and generates a NOI averaging $232k. There is room on the property for expansion to increase residential capacity by 25% and more. The seller is a nurse and manages the business.
For more information, contact the listing agent Charlie Scarlett cscarlett@tworld.com with Transworld Business Advisors or our office at (636)400-6100 stlwest@tworld.com and ask about listing number 481278
Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.
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Property Features and Assets:
FF&E Overview: Residential furniture and support equipment..
FF&E General Condition: Well maintained.
Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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