Services - Health, Medical & Dental | Services - Hotels & Other Lodging

Asking Price	$350,000	Inventory	Not Applicable**
Gross Income	$238,402	Real Estate	$295,000**
Cash Flow	$153,596	Year Established	1987
FF&E	$62,950*	Employees	2

* included in the asking price

** not included in the asking price

This business represents an opportunity to enter the mental health assisted-living business in a turnkey fashion. It is a perfect business for a husband-wife team to enjoy the benefits of owning their own business while earning a very good living. All that is required of a new owner is to take an administrator's training course and a course on the distribution of medications.

Facilities: This approximately 6,000 sq. ft. mental health services facility is located in an established residential area of a major city, just minutes from major shopping centers. The facility is about 25 years old and is in excellent condition. The owner's are willing to make the real estate optional in the sale.

Competition: This facility offers assisted-living to mildly handicapped individuals between the ages of 19 and 60 years. The demand for this kind of facility is very strong and has resulted in an on-going waiting list. While there are rival facilities, This facility enjoys a 'high end' reputation in the community and amoung health care workers. The facility operates at over 95% occupancy therefore cash flow can be easily and accurately predicted.

Growth/Expansion: The facility enjoys a 'grandfather' status and requires no updates. The facility at its maximum size and cannot be expanded beyond the 24 bed capacity. However, there are many other services that could be offered to increase revenues.

Financing: Owners will make the real estate optional in the sale.

Support/Training: Seller will provide 2 weeks gratis training with additional time negotiable.

Reason Selling: Owners have other business plans.