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30 Bed Assisted Living Facility in Eastern South Carolina

South Carolina (Dillon County)

Services - Health, Medical & Dental | Services - Other Personal Services

Asking Price $650,000 Inventory  
Gross Income $320,000 Real Estate  
Cash Flow $100,000 Year Established 1990
FF&E N/A Employees 10

* included in the asking price

** not included in the asking price

30 bed Assisted Living Facility for sale - business, facility and real estate all included in the transaction --- The facility is well kept and offers ample opportunities for expansion and increased profitability --- Opportunities include: 1. Excellent and rare opportunity for a buyer who is looking to run absentee as there are currently 2 licensed SC Administrators on staff. 2. Facility is not currently participating in the SC IPC program. A new owner could contract this program and increase revenues and profits with little added cost. 3. The facility is currently overstaffed and the Owner works only minimal hours - adjustments could be made to reduce staffing expense and increase profitability. 4. An adult day care is needed in the area and could be added with little additional cost.

Facilities: 8,617+/- Square Foot Facility on 3.14+/- Acres (subject to buyer verification). Built in 1989 with an addition added in 2000. 16 total bedrooms. Fully furnished - Typical furnishings in each bedroom include beds, dressers and end tables.

Competition: Minimal as there are only a couple ALF's in the County.

Growth/Expansion: Ample room to expand on property. Could add an adult day care to increase profitability as well.

Financing: Negotiable

Support/Training: Seller will stay for a reasonable transition period to be negotiated. Also, the Assistant Administrator has an SC Administrators license and could be promoted to Administrator.

Reason Selling: Retirement

Business For Sale By

Bryce Holsinger

843.651.4642

Business Intermediary Group, LLC

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