ASSISTED LIVING FACILITY IN SC - ALL PRIVATE PAY & VERY PROFITABLE
Location: South Carolina > Oconee County
Industry: Health and Medical > Long-Term Care Facilities
Financials
Asking Price: $850,000
Gross Revenue: $424,759
Gross Revenue Comments: 2007
Cash Flow: $156,059
Seller Financing: Negotiable
Business Summary
Beautiful 14 bed Assisted Living Facility for sale in Oconee County, South Carolina. Plenty of room for expansion.
ALL RESIDENTS ARE PRIVATE PAY (NO MEDICAID).
Facts:
Number of Beds: Licensed for 14
Occupancy: 100% (14 of 14 Beds Filled)
Residents: Alzheimer’s and Dementia
Revenue Mix: 100% Private Pay
Monthly Rate: $2,650 per Resident per Month
Waiting List: 5-10 Individuals
Asking Price = $850,000
CAP RATE = 18.4%
A great opportunity which will not last long at this Cap Rate!!!!
ALL RESIDENTS ARE PRIVATE PAY (NO MEDICAID).
Facts:
Number of Beds: Licensed for 14
Occupancy: 100% (14 of 14 Beds Filled)
Residents: Alzheimer’s and Dementia
Revenue Mix: 100% Private Pay
Monthly Rate: $2,650 per Resident per Month
Waiting List: 5-10 Individuals
Asking Price = $850,000
CAP RATE = 18.4%
A great opportunity which will not last long at this Cap Rate!!!!
About the Business
Year Established: 1997
Employees: 12 full time -
Facilities: The ALF is 4,914 +/- square feet on a 2.49 +/- acre lot.
Other Structures on lot included in sale:
1. A 3 Bedroom / 2 Bath Doublewide
2. A 9 Room / 1 Bath Office Building &
3. A Barn (Approximately 100’ x 30’).
Market Outlook and Competition: Plenty of room on site for expansion of the facility. The ALF market is booming.
About the Sale
Management Training and Support: Will remain for a reasonable transition period.
Reason For Selling: The Owners’ would like to spend more time with their grandchildren and traveling
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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