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Five growing assisted living facilities available on 3 proximate campuses. 2009 stabilized revenue is est. $2.3M, projected cash flow is $1.1M. Profits may pay for debt service and the real estate, while also providing significant yearly income. Increasing demand exceeds supply, and all facilities are at or near 100% occupancy. Includes $7M in real estate, with all buildings new or in excellent condition. Land and approved plans included for a 6th location. Further locations are also available for expansion. Seller is retiring and this excellent investment opportunity will not be available long. Absentee ownership available. Contact us via email at: sales@abbutah.com or visit www.AlpineBusinessBrokers.com for more Utah businesses for sale. Real estate transactions brokered by Century 21 Harman Realty, Inc.
Please refer to listing ID: ABB08098
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| Industry: |
Health and Medical |
| Industry Segment: |
Other Health and Medical |
| Geography: |
United States > Utah |
| Asking Price: |
$8,500,000 |
| Gross Revenue: |
$2,119,049 |
| Cash Flow: |
$658,951 |
| Value of Equipment: |
$212,800 (Included in Asking Price) |
| Value of Real Estate: |
$7,000,000 (Included in Asking Price) |
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| Year Established: |
2003 |
| Number of Employees: |
42 full time - |
| Mgmt. Training/Support: |
Seller will provide training during a reasonable transition period. |
| Reason For Selling: |
Retirement |
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| Name: |
Sales Associate |
| Email: |
nwestwood@alpinebusinessbrokers.com |
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