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

Asking Price	$3,000,000	Inventory
Gross Income	$1,063,587	Real Estate
Cash Flow	$275,000	Year Established	N/A
FF&E	$40,000*	Employees	N/A

* included in the asking price

** not included in the asking price

CURRENTLY UNDER CONTRACT - Profitable 81 bed assisted living facility. Includes 4 buildings on small campus in Spartanburg County. Prime location on busy highway near Interstates 85 and 26. The four buildings total 22,299+/- square feet on 2.48 acres. Occupancy at 1-15-08 of 90%. Licensed for 81 beds (currently utilizing 73 beds). Revenue mix is 44% private pay, 43& Medicaid IPC and 13% Medicaid. Revenues for 12 months ended 9-30-07 = $1,063,587 Adjusted EBITDA for 12 months ended 9-30-07 = $276,553

Facilities: The facility is a small campus of four buildings totaling 22,299+/- square feet on 2.48 acres. One of the four buildings is for alzheimer's residents.

Competition: History of profitablility, excellant location, well kept 1st class facility.

Growth/Expansion: Growth industry. Plans available for expansion and further increases in profitability.

Support/Training: Negotiable