Assisted & Independent Living Center
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $309110
Net Profit / Cash Flow $30303
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1998
Number of Employees 4 - 5
Inventory 80000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Description This business began as an assisted and independent living center almost 14 years ago for the owners' mother and aunt who needed care that was unavailable. Because they had multiple residents, the state required licensing and this facility began. Other community members quickly brought their relatives or themselves to take advantage of the facility and really enjoyed the freedom allowed as well as the care and security provided. The facility has multiple dwellings for both independent and assisted living. There is plenty of parking and room for many tenants. There is also has plenty of room to expand if a new owner wanted to increase the center's occupancy. Assets include $5,000 of inventory, $264,000 of real estate, and $75,000 of equipment, fixtures and furnishings. Located in Central Texas. Asking price of $449,000. Ask for portfolio #187.
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