Assisted Living Facility in Kennebec County, Maine High-End SBA PRE-QUALIFIED
Price: $934,000
Location: Kennebec County, Maine
Industry: Health Care and Fitness
Listing ID: CM120622
This is an assisted living facility that is like few others. The build quality, finishes and decorating are superb. The care that went into this building strikes you from the moment you walk in the door.
This is an 18-bed, level 4 (non-medical) facility. There are 16 residents in the main building (10,000 sq ft +/-) and there are 2 more in a separate ranch-style home that is next to it, called the “Cottage” (1,100 sq ft +/-).
The main facility carries a 16-bed license. The Cottage does not need a license as only two residents are housed there. Both facilities appear to be in spectacular condition.
The residents enjoy an exceptionally large outside deck, especially in the Fall, when the surrounding woods explode in color. It’s a great spot to sit outside, relax and get some fresh air. It’s located on a quiet country road too.
The facility sits on 8 acres and the sellers believe that there is enough room to build 3 additional 16-bed facilities.
***Confidential listing, not in indicated city***
Any financial data shared is provided by the seller and has not been audited by Inbar Group, Inc.
Listing Details
Gross Revenue: $1,470,000
Cash Flow: $340,000
FFE: $25,000 (Included in Price)
Inventory: $10,000 (Included in Price)
Real Estate: $3,500,000
Reason For Sale:
Retirment
Training & Support:
Seller will assist
Operation
Year Established: 2010
Days & Hours of Operation: 24/7/365
Owner Hours Per Week: 45
Non-Owner Payroll: $50,000
Employees: 17
Location
Facilities Information:
This is an 18-bed, level 4 (non-medical) facility. There are 16 residents in the main building (10,000 sq ft +/-) and there are 2 more in a separate ranch-style home that is next to it, called the “Cottage” (1,100 sq ft +/-).
The main facility carries a 16-bed license. The Cottage does not need a license as only two residents are housed there. Both facilities appear to be in spectacular condition.
Summary
Potential Growth:
The facility sits on 8 acres and the sellers believe that there is enough room to build 3 additional 16-bed facilities.