Senior House- Assisted Living Residence
Financial Information
- Asking Price: $595,000
- Gross Revenue: $392,000
- Cash Flow: $143,000
- Down Payment: 0
- FF&E (Included): N/A
- Inventory: N/A
- Financing: No
Business Location
- Geauga
- Mentor
- Ohio
Real Estate Included in Asking Price! The business is licensed under the Ohio Mental Board of Health and is a member of the Ohio Adult Care Facilities Administration. This facility offers full resident care in a welcoming home setting. Senior Housing Facility has an impeccable reputation in the community in this Northern Ohio Area. Services include; ,assistance with bathing, transfers, cleaning of private rooms, and medication reminders. Other services include arranging transportation, on-site laundry service and arrange outside medical services if prescribed. The facility is staffed 24 hours/day with experienced caregivers, Planned events are extensive and diverse with the residents' well-being and enjoyment in mind. The 8 person staff, includes full and part-time STNA and CNA aides. Owners work a combined 40 hours/week in the facility. This single location facility would be an ideal addition for a multi-location assisted facility. The facility is located within fifteen minutes of the local hospital in Geauga County. The home is fully equipped with updated fire equipment, A/C unit, septic system and roof. Real estate is priced at $385,000 and is included in the asking price.
Support / Training Comments
Sellers are willing to train the new owners.
Reason For Sale
Owners are looking forward to retirement.- Home Based: No
- Franchise: No
- Year Acquired: 2006
- Willing to Train: Yes
- Relocatable: No
- Required Licences:
- Is Property Leased: No
- Real Estate Available: Yes
- Real Estate Included: Yes
- Real Estate Value: $385,000
- Days Open: 7
- Hours Open: 24 hours
- Fulltime Employees: 2
- Part time Employees: 6
- Is Management Staying: No
- Distressed: No
- Monthly Payroll: $0
- Building Size: 4800 sq ft
- Monthly Rent: N/A