Business Overview

State-of-the-Art facility with tremendous growth opportunities. Decades of best-in-class care and one of the top performing facilities in the country.

Build opportunity can drive revenues north of $15 million with EBITDA north of
$6 million. This can be the crown jewel in any portfolio.

Turn-key with all key management in place.

All buyers must satisfy financial suitability prior to receiving CIM.

Real Estate is included in asking price.

Financial

  • Asking Price: $29,000,000
  • Cash Flow: $3,032,442
  • Gross Revenue: $10,761,638
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:85
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Retirement

Additional Info

The business has 85 employees and is situated in a building with approx. square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals decide to sell companies. However, the true reason and the one they say to you may be 2 completely different things. For instance, they may state "I have too many various commitments" or "I am retiring". For many sellers, these reasons are valid. But also, for some, these may just be excuses to attempt to conceal the reality of changing demographics, increased competition, current decrease in earnings, or a variety of other factors. This is why it is very vital that you not depend totally on a seller's word, yet rather, use the vendor's response along with your total due diligence. This will repaint a much more reasonable image of the business's existing situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your offer. Lots of companies finance loans with the purpose of covering things like inventory, payroll, accounts payable, etc. Bear in mind that occasionally this can imply that profit margins are too thin. Lots of companies fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be satisfied or may lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location draw in new customers? Most times, companies have repeat customers, which form the core of their day-to-day revenues. Certain variables such as brand-new competitors growing up around the location, roadway building, as well as personnel turn over can impact repeat clients as well as adversely influence future revenues. One important thing to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Undoubtedly, the more people that see the business regularly, the higher the possibility to construct a returning customer base. A last thought is the general location demographics. Is the business situated in a largely inhabited city, or is it situated on the outside border of town? How might the regional mean house earnings effect future earnings potential?