SOLD! This beautiful, totally renovated assisted living facility is located in suburban Norfolk County, Massachusetts.
You don’t have to be in a Medical Profession to own!
Easy to Run / Easy to Own
Management is in place as well as a fully trained staff making this truly a turn-key opportunity!
EBITDA: N/A
Furniture, Fixtures, & Equipment (FF&E): $200,000 – Included in asking price
Inventory: $25,000 – Included in asking price
Real Estate: Owned – Included in asking price
Facilities: Has gone through a top to bottom, inside and outside renovation, over the past 4 years. From roof to rooms, to bathrooms, wiring, plumbing, heating, etc.
Competition: One constant in recent years has been the steady growth in value for all types of long term care.
Growth & Expansion: Most facilities have limited growth potential due to limited expand-ability at their location – this facility has the flexibility for an acquirer to physically expand the footprint of the facility.
Support & Training: Day-to-day operations is managed by the Manager with excellent staff in place that cover all shift hours.
Reason for Selling: Being sold to pursue other interests.
- Listing Number: 15541
- General Location: Norfolk County, MA
- Current Status: Sale Pending
- Asking Price: $1,995,000
- Asking Price Range: $1M to $3M
- Down Payment: TBD
- Real Estate Value: Owned, Included in asking price
- Financing: Seller financing available to qualified buyer
- Gross Sales: $1,059,532
- Cash Flow: $417,101
- Established: 1984
- Employees: 14
- Area Square Foot: n/a
- Contact Name: Ron Ekstrom
- Contact Phone: 508-373-0006
- Contact Email: info@centralbrokers.com
- Location: Norfolk County, MA
- Business Type: SERVICE COMPANY