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Businesses For Sale   >>   Other Health and Medical Businesses For Sale

Lovingly Managed Personal Care Home

Location  Georgia,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $155488
Net Profit / Cash Flow  $105851
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1990
Number of Employees  1 - 3
Inventory  21500
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  3 weeks
Reason for Sale  retiring

Description  
Licensed by the state for 18 residents, this personal care home provides a wonderful income for its owner and terrific care for its residents. This is a turnkey operation, with a 5,100 square foot home on 3 acres, and includes an in-ground swimming pool. It is fully staffed and equipped. Currently, there are 12 residents in the home, and two others who are living in separate mobile rental units on the grounds, which together can house 7 people. Residents are referred from multiple sources, including the Veterans Administration, Medicaid, Community Care Service Provider and various private sources. The owner is 72 years old and has operated the facility for 23 years. "Why can't I be younger so I can stay in this business," she said recently. The property is assessed for tax purposes at $278,000. The primary home has 11 bedrooms and 5 baths. There have been numerous expensive improvements in past years, including room additions, new roof and AC units, new windows and sprinkler system. And there's another room and deck being added now, with French doors and new kitchen. This is a great opportunity, priced very nicely for the right buyer.


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