MergerPlace

Huge ROI - Assisted Living Home

North Carolina (Wake)


  • Asking Price: $399,000
  • Gross Income: $403,299
  • Cash Flow: $173,182
  • Real Estate: $326,000
  • Inventory: Not Disclosed
  • FF&E: $125,000
  • Listing ID: #227139
  • Established: 2016
  • Employees: 3 FT/3 PT

Business Description

For only $39,900 down own this business. After loan payment a yearly net income of $125K-$150K (Based on 2019 numbers)! Assisted living facility services that provides an intimate, homelike environment.

Serving six residents in a beautiful house in a residential neighborhood. All aspects of assisted living are provided at this location. Providing care for the baby boomer generation is becoming an ever-growing industry.


Business Details

Primary Business Category: Health Care - Nursing & Residential
Location: North Carolina
County: Wake

Company Information

Year Established: 2016
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 3 FT/3 PT

Financial Information

Asking Price: $399,000
Gross Revenue: $403,299
Cash Flow: $173,182
FF&E: $125,000
Real Estate: $326,000
Seller Financing Available: No

Property Information

Facilities:

Stand alone residential home in a beautiful neighborhood. This house is tucked away in a private neighborhood that provides both security and scenery for the residents. Residents enjoy the oversized ceilings and bedrooms, along with a beautifully constructed open floor plan common area. The outside allows for residents to enjoy nature when the weather permits.

Growth & expansion opportunities:

Increased monthly rates are pretty much a guarantee as the industry demand and brand awareness increases. This type service will become a major in demand alternative to the large assisted living facilities. Increased monthly rates per resident will guarantee increase to bottom-line profit per month.

Competition:

Other family care homes do exist near all locations; however most are Medicaid facilities and most don't offer exclusive senior care. The ones that do offer senior care do not have fire sprinkler systems in place and none offer the services provided. Only other competition are larger ALF's. Currently this franchise company is the only company in the industry providing this specific service! Get in now and be part of a fast growing franchise that truly provides a solution for an ever growing demand in the industry.

Reason for selling:

Owner is relocating to another part of NC.

Support & Training:

Will train for 1 week @ $0 cost. All aspects of owning and operating an assisted living facility (resident care/business operations, etc.). Owner/manager would be required to pass the family care home administrator test and be recognized as the administrator. Owner would also be required to obtain CNA or 80-hour Personal Care Assistant certification as well as CPR/First Aid. Family Care Home license is required to be renewed yearly. No business license required.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Bill Bunting

Murphy Business Brokers