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Elder Care Business for sale in Holmes

Contact Information Inquire Here General Location: Holmes ID#: b72772769
Financial Information Asking Price: $500,000 Gross Annual Revenue: $312,736 Adjusted Annual Earnings: $77,896
Additional Information General Category: Nursing Homes / ALF Specific Buisness Type: Elder Care Summary Profile:

Owner operated with a “home environment” by owner and staff attentive to resident’s needs. Revenues decreased slightly due to COVID and not being able to take in new residents. The current monthly rate of $3,000/bed implemented mid-2019 and has always been private pay. Built in 2003 as a 12-bed facility with 4,708 SF, the facility is in good condition in a rural setting but accessible to urban areas and medical facilities. Current ownership since March 2008. The owner started with an empty building and no revenue and has built a business with cash flow and stable staffing. The owner might consider financing a portion of the business price at $185,000 if real estate is paid cash at closing at $315,000.  New residents can now be accepted and applications are being received.

Contact Tom Jones at 754-224-3111.  Refer to b72772769 when inquiring