Services - Other Personal Services | Services - Social Services

Asking Price	$245,000	Inventory
Gross Income	$356,121	Real Estate
Cash Flow	$88,904	Year Established	2001
FF&E	N/A	Employees	5 ft; 9 pt

* included in the asking price

** not included in the asking price

Established Assisted Living Facility licensed for ambulatory and non-ambulatory seniors. This comfortable and welcoming one-story facility boasts 12 resident rooms (private and semi-private) with attached restrooms, and two wheelchair-accessible shower rooms. A kitchen, dining area, and two living room areas (one with a fireplace), round out the general living space which includes a public restroom. The charming exterior features two decks and a veranda with swing overlooking a lush green landscape. Plants, flowers, and strategically-placed feeders attract a variety of birds and other wildlife in this picturesque, Walworth County setting. WE'RE HIRING: SEEKING EXPERIENCED BUSINESS PROFESSIONALS TO JOIN OUR VR SALES TEAM AS A BUSINESS INTERMEDIARY. PLEASE CALL: 262-347-2083.

Facilities: This is a fully furnished and operational facility in a beautiful country setting just minutes away from the bustling downtown area of a popular Southeastern Wisconsin lake community. Residents have been encouraged to bring personal possessions to help them to feel more comfortable. An area hospital is just minutes away. The furniture, fixtures, and equipment currently utilized to run this facility, other than residents' personal possessions, are included.

Competition: This is a senior resident facility catering to retired individuals who are in need of assisted living but who prefer not to be in a large-scale corporate environment. It also facilitates individuals who are referred by their social workers through county programs. Maintaining good relationships with referral sources is key, as there is stiff competition for senior care among major corporations as well as charitable organizations.

Growth/Expansion: At $2700 - $3000/month, current monthly resident fees are below market standard and could easily be increased. The planned installation of a sprinkler system by the landlords will broaden the scope of patient care to residents who are physically unable to vacate the building as well as to residents who may not have the cognitive skills, such as those suffering from dementia, to exit the building on their own.

Financing: Most businesses qualify for 401K/IRA funding without penalties.

Support/Training: Seller agrees to provide Purchaser with 8 weeks of training immediately following closing. The training will be for 3-4 days per week, with a maximum of 6 hours per day, at no charge to purchaser.

Reason Selling: Health Concerns