| Asking Price |
$985,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$317,663 | Real Estate |
$450,000* |
| Cash Flow |
Not Disclosed | Year Established | 1985 |
| FF&E |
$60,000* | Employees | 6 |
* included in the asking price
** not included in the asking price
This is a profitable assisted living center in operation since 1985. There will be an excellant return on investment with the right management. There is enough income to hire an adiministrator or it could be owner operated and improve the profitability even more. It is located near shopping and services in Pocatello, Idaho. The cost of living in Pocatello is quite low compared to most areas of the country. The building in in good repair and sits in a residential area and blends in with the surrounding neighborhood.
Facilities: The facility is 4971 square feet and sits on .29 acres. The business comes complete with furnishings, fire suppresion system alarms, kitchens and staff. Currently 15 out or 16 patient beds are filled. The builiding was built in 1985. it is heated with gas furnaces and cooled with central airconditioning. There are two kitchens, one used by staff for patient meals and one for community use. There are five bathrooms.
Competition: The assisted living centers wil continue to grow as the aging population continues to increase. This is a moedrately priced facility that currently recieves referrals from the local hospitals, doctors, and nursing homes.
Growth/Expansion: The faicility was renovated in the 90's another update could improve the rate that could be charged. The past management was outsourced and the numbers were not as good as they have been since Jan 01,08. The current owners are managing and run a pretty tight ship. The numbers this year are looking very good!
Support/Training: The seller will provide training neccessary to operate the business.
Reason Selling: The seller owned this since 1985 and wants to pursue other opportunities.

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