Assisted Living RCFE For Sale
Location Minnesota,United States
Asking Price Range < $250K
Gross Revenues $270000
Net Profit / Cash Flow $108000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2008
Number of Employees 1 - 3
Inventory $25,000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Description This sweet RCFE is licensed for 4 residents with gross income of $22,500 per month. Income can be easily increased by owner working some hours at the facility (current owner is an absentee owner). This is a wonderful opportunity for any buyer who wants to start and own a care home business. The facility has Class F, Housing with Services Certificate, and Corporate Adult Foster Care licenses.
The business purchase money can be easily recouped in one year. The home has 3 bedrooms and 2 baths and is sitting on a generous 10,000 sq. ft. of lot! Huge potential for future expansion.
Seller has updated the home extensively by planting new trees, putting in new exterior sidings and driveway, re-polishing hardwood flooring throughout, and installing new fixtures. Please call to make appointment to show. Asking $175,000 for business and $260,000 for home! Contact for more information on this assisted living RCFE for sale.
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