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Under Contract - Assisted Living Facility in South Carolina

South Carolina (Oconee County)

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

Asking Price $850,000 Inventory  
Gross Income $436,169 Real Estate  
Cash Flow $155,209 Year Established 1997
FF&E $20,000* Employees 13

* included in the asking price

** not included in the asking price

CURRENTLY UNDER CONTRACT - Beautiful 14 bed Assisted Living Facility for sale in Western South Carolina with plenty of room for expansion --- Real Estate, Business, Land, etc. all included in sale --- ALL RESIDENTS ARE PRIVATE PAY (NO MEDICAID) --- 100% OCCUPANCY (14 of 14 Beds Filled) --- Revenue Mix: 100% Private Pay --- Monthly Rate: $2,650 per Resident per Month --- Waiting List of 5-10 --- Asking Price = $850,000 --- CAP RATE = 18.3% --- A great opportunity which will not last long at this Cap Rate!!!!

Facilities: The ALF is 4,914 +/- square feet on a 2.49 +/- acre lot. Other Structures on lot included in sale: 1. A 3 Bedroom / 2 Bath Doublewide 2. A 9 Room Office Building & 3. A Barn (Approximately 100 x 30).

Growth/Expansion: Plenty of room on site for expansion of the facility. Current wait list of 5-10 individuals.

Support/Training: Will remain for a reasonable transition period.

Reason Selling: The Owners would like to spend more time with their grandchildren and traveling

Business For Sale By

Bryce Holsinger

843.651.4642

Business Intermediary Group, LLC

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Contact the seller about this Under Contract - Assisted Living Facility in South Carolina

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