Living Facility for Individuals with Intellectual Disabilities

Greene County, PA
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Asking Price:$4,800,000
Gross Revenue:$2,175,859
FF&E:$70,700
Cash Flow:$813,884
Rent:$5,350/Month
Established Year:2014
BUSINESS DESCRIPTION

Profitable and turnkey assisted living facility for special needs

Established assisted living residence provider specializing in providing care for special needs individuals, primarily serving Medicaid and Medicare patients. Their licensed properties currently cater to younger adults, primarily in their early to late 30s, with the oldest resident being 45 years old. They currently have 8 residents, with the capacity to accommodate up to 15 individuals. The real estate is also available for purchase at $700,000.

The business is positioned for significant growth by filling vacancies and expanding services. A new owner could increase profitability by adding administrative staff, nurses and direct support professionals. Additionally, securing the necessary licensing for another property they own that will allow the new owner to accommodate individuals with a broader range of medical needs. This is a unique opportunity to acquire a reputable business with substantial upside potential. For additional information, please contact listing agents Sam Meister at 484-332-9282 or samuel.meister@fcbb.com or Cory Hoffman at 301-529-9025 coryhoffman@fcbb.com.


DETAILED INFORMATION
Location
Greene County, PA
Inventory
Not Included in asking price
Real Estate
Leased
Employees
27
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a leased location with a Total monthly rent of $5,350 with various options. Seller is active with 24FT , 1PT employees and 2 Independent contractors. Hours of operation are 24/7. $70,700 in FF&E included in the asking price. $21,000 made in leasehold improvements. Special license required.
Support & Training
3 months
Reason for Selling
Retirement
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Cory
Hoffman
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Cory Hoffman