Business Overview

THIS IS AN OPPORTUNITY TO ACQUIRE A TRULY UNIQUE AND BEAUTIFUL ALF SET ON 2.5 ACRES OF PROPERTY INCLUDING A POND AND WOODED AREA. THIS BEAUTIFUL HOME ACCOMMODATES 12 RESIDENTS IN A MODERN YET HOMELY SETTING. THE FACILITY INCLUDES SINGLE AND DOUBLE OCCUPANCY, PLUS ACCOMMODATION FOR A MANAGER. LOCATED IN A SMALL QUIET COMMUNITY SAFE FOR WALKING, TAKE A LOOK AT THE PHOTOGRAPHS AND SEE HOW PROPERTY SHOWS. EXCELLENT INCOME WHICH IS AVAILABLE TO INTERESTED PARTIES. CLOSE TO SHOPS AND MEDICAL FACILITIES PLUS THE LOCAL FIRE STATION IS APPROX 1 MILE AWAY. FULL SERVICE FOR RESIDENTS, VARIED MENU WHICH IS SUPPLIED BY CARING STAFF. CAN BE EASILY EXPANDED WITH THE ARCHITECTURAL DRAWINGS IN PLACE, ON THE SAME FOOTPRINT, AT LOW COST. OWNERS VISIT THE FACILITY FOR A FEW HOURS A WEEK, CAN BE RUN ABSENTEE WITH THE CURRENT STAFF. INCLUDED IN THE SALE IS $100,000 WORTH OF IMPROVEMENTS , INCLUDING FIRE EXTINGUISHING SYSTEM AMONGST OTHER THINGS.

Financial

  • Asking Price: $1,435,000
  • Cash Flow: N/A
  • Gross Revenue: $374,454
  • EBITDA: $183,724
  • FF&E: $80,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2018

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

fully equipped beautiful house on 2.5 acres of land

Is Support & Training Included:

two weeks training at no cost to buyer

Purpose For Selling:

Personal

Opportunities and Growth:

Seller has plans already prepared to expand the business which will be included in the prie

Additional Info

The business was founded in 2018, making the business 4 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell operating businesses. Nonetheless, the real factor and the one they tell you might be 2 entirely different things. For instance, they may state "I have too many various commitments" or "I am retiring". For many sellers, these reasons are valid. However, for some, these may just be reasons 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 really vital that you not rely totally on a seller's word, yet rather, utilize the seller's solution combined with your total due diligence. This will repaint a much more realistic image of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Many businesses finance loans in order to cover points such as inventory, payroll, accounts payable, and so on. Keep in mind that occasionally this can imply that earnings margins are too thin. Many companies fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future obligations to consider. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing contracts with suppliers that have to be met or may result in fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area draw in new customers? Many times, businesses have repeat clients, which develop the core of their day-to-day earnings. Specific variables such as new competitors growing up around the location, road building, and also staff turn over can impact repeat customers and also negatively impact future profits. One vital thing to consider is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business regularly, the greater the possibility to develop a returning client base. A last idea is the general location demographics. Is the business located in a largely inhabited city, or is it located on the edge of town? Exactly how might the local typical house income influence future earnings prospects?