Set of 5 Adult Care Living Homes 40 beds total***PENDING****

Genesee County, MI
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Sale Pending
Asking Price:$1,950,000
Real Estate:$1,200,000
Gross Revenue:$1,997,435
Established Year:2009
BUSINESS DESCRIPTION

: Great opportunity to take over this well-established set of five Adult Care Living Facilities that has been in business since 2009. They are all located in Genesee County. These five facilities provide care for 40 residents with hygiene, dispense medications, clean and prepare meals. Four facilities has 3 full-time employees and 1 part-time employee. The fifth facility has 2 full-time and 8 part time employees. There are employees 24 hours a day to watch over residents. This business with these five homes has great cash flow and is a must see turn-key business. The owners are moving out of State and needs to sell.


DETAILED INFORMATION
Location
Genesee County, MI
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
14,095
Employees
16
Financing
CASH/SBA/Conv Mortgage
Reason for Selling
Owner is moving out of State
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Joseph
Barbera
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Joseph Barbera