PRICE REDUCED Established Assisted Living Facility w/ Real Estate

Illinois

Seller Financing Available

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Asking Price:$5,300,000
Gross Revenue:$1,138,156
FF&E:$200,000
Established Year:2002
Cash Flow:$200,819
Inventory:$2,000
Real Estate:$5,400,000
BUSINESS DESCRIPTION

Fully developed, resident in place. Click for more info.

Lovely, twenty-two year old retirement and assisted living facility on 7 acres in suburban central Illinois providing residential care for seniors. Excellent reviews. Adaptable for smaller group homes. Space for addition of a Rehab building. The business is consistently profitable and generates a NOI averaging $349k ($431k estimated in 2024). There is room on the property for expansion to increase residential capacity by 25% and more. The seller is a nurse and manages the business.

For more information, contact the listing agent Charlie Scarlett cscarlett@tworld.com with Transworld Business Advisors or our office at (636)400-6100 stlwest@tworld.com and ask about listing number 481278
Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.


DETAILED INFORMATION
Location
Illinois
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
29
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E Overview: Residential furniture and support equipment.. FF&E General Condition: Well maintained.
Support & Training
Number of Weeks Seller Will Offer Training: 4
Reason for Selling
retirement
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Charlie
Scarlett
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Charlie Scarlett