Residential Care Facility
Health Care & Fitness Businesses for Sale
- Primary Category: Assisted Living & Nursing Home Businesses for Sale
Residential care facility with 32 residents and a handful of independent living residents. Owner is ready to retire. This business provided consistent revenue with a constant waiting list See real estate section for more information on the housing.
Financial Information
- $900,000 Asking Price
- $272,000 Cash Flow
- $564,000 Gross Revenue
- Yes Financing
Business Location
- City: Confidential
- State: Oklahoma
Financing Comments
- Seller will finance 100% of the Real Estate at 8% interest with a 5 year balloon which has been deducted from the sellers discretionary earnings.
Reason for Sale
- Retirement
Detailed information
- Year Established: 1997
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 2
- Part-Time Employees: 2
- Contractors: N/A
- Owner Worked Hours/w: 24
- Inventory Included: Yes
- Inventory Value: $3,000
- Monthly Rent: $6,660
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $899,000
- Building Size: 11000
- FF&E Included?: Yes
- FF&E Value: $125,000
Training/Support
- Negotiable
Market Outlook/Competition
- Not much if any competition in the immediate area - this is a remote location
Real Estate Description
- 2.5 Acres -The property is currently being used a Residential Care Facility which includes 12 building which includes FEMA Trailers, Residential homes and the original main home with 3088 sf, a Dining Hall with commercial kitchen supplied with Commercial equipment, a Rehab building which has private meeting rooms, a bathroom, and recreation rooms and a laundry building.
Business Listed by
Brian Jones
Sunbelt of TulsaContact Business Broker
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