Turnkey Assisted Living Facility
Location Maryland,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $486627
Net Profit / Cash Flow $174940
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1995
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Reason for Sale Seller has moved. Seller buying larger facility...
Description 16-bed assisted living facility. Situated on spacious 2 acre lot in scenic rural area at Maryland Eastern Shore. Fully occupied and approved for Meidcaid Waiver and Medicaid Subsidy. The property has approved sprinkoer system and is ADA approved. Facility in operation since 1995. 9 bedrooms and 5.5 baths. Resient manager's quarters . Presently 10 full-time and 3 part-time employees. Sale includes all furniture, appliances, operation equipment, riding mower and1993 Dodge Voyager resident transportation van. Four heat pumps provide heat and central air conditioning. Call for income/expense proforma and to arrange an on-site inspection. This sale is confidential. Asking $1.1 million. Can be purchased in combination with sister property in nearby Pocomoke City, Maryland. Contact for more information on this Assisted Living Facility business for sale.
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