Assisted Living Operation - Real Estate Included in Price!

Financial Information

  • Asking Price: $1,200,000
  • Gross Revenue: $802,000
  • Cash Flow: $102,856
  • Down Payment: $180,000
  • FF&E (Included): N/A
  • Inventory: N/A
  • Financing: No

Business Location

  • Franklin
  • Confidential
  • Ohio
Primary Business Category: Homes for the Elderly

In business for over two decades and licensed under the Ohio Mental Board of Health, this facility offers full resident care in a welcoming home setting. Working closely with local physicians and hospice the operation is dedicated to providing the highest quality care with a deep personal touch. This Adult Care Facility has an impeccable reputation in the community. At the moment the suburb has 12 residents but can move licensing to 16 residents. Downtown location has license for 16. The 18 person staff, full and part-time, includes 2 managers and an in-house maintenance employee who maintains all the buildings. Services include; home cooked meals, respite care, experienced nursing care, transportation, housekeeping, pet therapy, 24 hour staffing, and medication management. With two locations, situated near medical facilities, and near full capacity, this facility is primed for expansion. A new owner who has vision and is willing to put the work in could grow this successful Adult Care Facility even more. Adjacent property has been acquired for expansion, but is not being utilized by the sellers. Real estate for both locations is priced at $ 930,000 and is included in the asking price. Sellers are willing to assist the new owners for a seamless transition.

Support / Training Comments

Sellers are willing to train the new owner.

Reason For Sale
Owners want to retire.
  • Home Based: No
  • Franchise: No
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences:

  • Is Property Leased: No
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $930,000
  • Fulltime Employees: N/A
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: N/A

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Business Listed by

Sunbelt Columbus

Contact: Emmet Apolinario
Office Phone: 614-792-777
Mobile Phone: (614) 207-0762
Listing ID: COLUMOH002-N269

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