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Businesses For Sale   >>   Long-Term Care Facilities Businesses For Sale

Established Sheltered Care Facility

Location  Illinois,United States
Asking Price Range  < $250K
Gross Revenues  $291838
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1962
Number of Employees  10 - 19
Inventory  $43000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Owner will train the buyer for 4 weeks at no cost.
Reason for Sale  Out of state

Description  
This listing is for a long-established, state-approved, licensed sheltered care home located in east/central Illinois that is available to a qualified buyer. The 49-occupancy facility is a clean, well-run and highly respected facility. They specialize in providing care for the physically and mentally disabled. As a result of this, there are many very long-term residents that require daily attention. In addition however, they also provide care and a comfortable living environment for the elderly as well. This business is well-known and has been a fixture in the community for over 50 years. For 2013, the monthly revenues have increased allowing the seller an additional $6,640 monthly profit. Approximately $180,000 in assets are to be transferred with the sale of the business including the real estate which is valued at $125,000. A new buyer will be able to apply for the same license number when taking over. The broker has bank available for SBA financing if necessary. If you would like more information about this business, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $200,000


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