Business Overview

Turnkey Assisted Living Business with Real Estate For Sale.
15 Beds
Stable Occupancy
Staff & Vendor contracts in place
Cap Rate 10%
Potential to expand up to 16 beds for increased income
Great Reputation with Patients, Families, and licensing authorities
Owner will train
Complete Details available with signed non-Disclosure
****Please sign the NDA and return to DHeinlein@tristarbrokerage.com*****

Financial

  • Asking Price: $1,900,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • 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:N/A
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

2 single family homes adapted to licensed assisted living homes. Single level homes in quiet neighborhood.

Is Support & Training Included:

Owner will train for reasonable period of time.

Purpose For Selling:

Owner has other business interests.

Pros and Cons:

Affluent Howard County, MD is predicted to have a shortage of assisted living beds available by 2030.

Opportunities and Growth:

Business has great repurtation and receives several calls for new patients weekly. By right, potential to expand the number of beds.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people choose to sell companies. However, the genuine reason and the one they tell you might be 2 totally different things. As an example, they may state "I have way too many various obligations" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these might simply be excuses to attempt to conceal the reality of altering demographics, increased competitors, current decrease in revenues, or a range of other reasons. This is why it is very essential that you not depend completely on a vendor's word, yet instead, use the vendor's answer combined with your overall due diligence. This will paint a much more sensible picture of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses borrow money with the purpose of covering things like stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can indicate that revenue margins are too small. Numerous companies fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also 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 vendors that have to be satisfied or may result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in brand-new clients? Often times, businesses have repeat clients, which develop the core of their everyday revenues. Certain elements such as new competition sprouting up around the area, roadway building, as well as employee turn over can impact repeat clients as well as adversely influence future earnings. One essential point to think about is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the better the possibility to build a returning client base. A last thought is the general location demographics. Is the business placed in a largely inhabited city, or is it situated on the outskirts of town? How might the regional median home income effect future earnings potential?