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Asking Price
$625,000

Annual Cash Flow $25,000

Annual Revenue $255,958


EBITDTA:

FF&E: $50,000

Inventory: $0

Real Estate: $600,000

Established: 2000

Business Description

This Assisted Living is licensed by the Alabama Department of Health to operate as a 16 bed Assisted Living Facility. Assisted living facilities provide 24 hours per day assisted living services for each of its residents to include assistance with medication administration, bathing, grooming, meal preparation, dressing and much more. The Assisted Living Facility aims to provide a safe, nurturing and caring environment to its residents in a community style setting that is similar to being in the comfort of their own home. The facility is arranged with 12 single private rooms, each sharing a semi private bathroom and 2 large double occupancy private rooms with private bathrooms. The facility features a full service kitchen, separate dining room, spacious living room, staff office, administrator’s office, laundry service room with multiple washers and dryers, and outside porches. The facility closed to residents the first of September, 2018. While it was opened they operated with a staff of 8 comprised of care aides, cooks, and Administrator. The facility is fully compliant with state regulations, fully sprinkled, and fire alarm systems and monitoring console. Wireless call system with back up wired call system installed. This is priced as an asset sale. A local bank is very interested in seeing this opened back up and will consider financing an acceptable buyer.

Detailed Information

State:AL

Listing Agent:Lanier Chew

Inventory: Included in asking price

Real Estate: 5040 SF on 1.93 Acres

Building SF: 5040

Employees:

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

City:Mobile

Phone:251-802-0516

Support & Training:

Reason for Selling: Absentee Owner - Lives out of state