(Under LOI!) Assisted Living Facility in Massachusetts
Price: $3,200,000
Location: Massachusetts
Industry: Health Care and Fitness
Listing ID: CM051222
This is a 25-30 bed assisted living facility that has been in operation for many years.
The sellers focus on providing as much of a home-like experience as possible. That shows in the beautiful furnishings, living areas and even the landscaping.
The sellers have a long list of letters from their resident’s family members, expressing gratitude for their care and concern for their loved ones.
Strong relationships with existing referral sources keep occupancy over 95%.
Listing Details
Gross Revenue: $1,270,988
Cash Flow: $395,636
FFE: $92,250 (Included in Price)
Real Estate: $2,000,000 (Included in Price)
Lender Pre-Qualified?: Yes
Reason For Sale:
Retirement
Training & Support:
Seller will assist in the transition.
Operation
Days & Hours of Operation: 24/7/365
Owner Hours Per Week: 40
Employees: 18
Summary
Potential Growth:
Opportunities for Growth
There may be room to add on to the existing building for additional resident rooms.