Senior House- Assisted Living Residence

Financial Information

  • Asking Price: $565,000
  • Gross Revenue: $392,000
  • Cash Flow: $132,000
  • Down Payment: 0
  • FF&E (Included): N/A
  • Inventory: N/A
  • Financing: No

Business Location

  • Geauga
  • Mentor
  • Ohio
Primary Business Category: Nursing and Residential Care Facilities

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

Contact Business Broker

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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-N277

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