Services - Health, Medical & Dental | Services - Other Miscellaneous services

Asking Price	$1,200,000	Inventory	$15,000*
Gross Income	$3,240,000 (annulized)	Real Estate
Cash Flow	$512,616	Year Established	1990
FF&E	$40,000*	Employees	55 Ft 4 Pt

* included in the asking price

** not included in the asking price

Only nursing home in this part of town, Medicaid rate just raised from 121.54 a day to 159.90 a day for those patients

Facilities: Nursing Home Licensed for 62, Same location for 20 years, the only one in this part of town. This home operates out of a 20,300 Sq. Ft Leased Ficiility, lease expires 2025

Competition: Home now has , Medicaid, madacare, and patient pay

Growth/Expansion: Lot is big enough to add another 20 rooms.

Financing: Seller is asking 600,000 Dn.Pmt. Will Carry remainder for 5 yr. call 15 yr amort

Support/Training: Seller will train Buyer as part of the deal for 2 wks. Admiinistrator in place.

Reason Selling: Seller is not a nursing home operator