MergerPlace

Assisted Living Facility with 6 Beds

Florida (Miami-Dade)


  • Asking Price: $275,000
  • Gross Income: $268,852
  • Cash Flow: $108,351
  • Real Estate: Not Disclosed
  • Inventory: $500
  • FF&E: $13,896
  • Listing ID: #224922
  • Established: 2009
  • Employees: 2 FT / 4 PT

Business Description

Assisted living facility with 6 beds, located in North Miami Beach. The business specializes in long-term and respite care services, tailor made for each individual. As a religious based home they welcome residents of all backgrounds and faiths. Currently ran as a kosher facility. Great location with beautiful spacious tree shaded grounds and nearby water-lined allows for residents to access walking paths and encourage the residents to participate in outdoor activities, fresh air and sunshine. The concept offers elders an alternative to the typical institutional-style nursing home which provides a nurturing environment where residents receive supervision and around the clock care that can not be found in the typical large institutions. Seller owns the real estate and will offer convenient lease terms. She wants to dedicate to her profession so she has decided to sell. Good 2020 results and positive expectations for 2021.


Business Details

Primary Business Category: Services - Other Services
Location: Florida
County: Miami-Dade

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 2 FT / 4 PT

Financial Information

Asking Price: $275,000
Gross Revenue: $268,852
Cash Flow: $108,351
FF&E: $13,896
Inventory: $500
Seller Financing Available: No

Property Information

Facilities:

House with great location in North Miami Beach, owned by the Seller. 2,500 sq ft rent will be $ 2,500 per month.

Growth & expansion opportunities:

The owner has another job and she dedicates approximately 12 hours a week to this business. A more dedicated owner can increase the occupancy of the business and make it more profitable. A stronger presence in the internet.

Competition:

This is the only specialty facility of its kind in Miami-Dade county.

Reason for selling:

Owner wants to dedicate to her profession.

Support & Training:

Will train for 2 weeks @ no cost Licenses required are: Agency for Healthcare administration, Fire department, Emergency management permit, Business license/tax, biohazard waste. General management skills a plus to run this business.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers