Assisted Living Facility, Great Reputation

Reno, Nevada

Ad ID: 1430907
Type: Established business

Asking: $200,000
Included in the Asking Price:
Inventory: $500

Gross: $244,424
Cash Flow: $126,406

Summary Description
Assisted Living is a booming industry with more than 10,000 seniors turning 65 every day in the United States. This particular facility has a 25-year history of excellence in the industry. Set in a residential area near downtown and a beautiful park, the facility is central to many amenities. The business has built a solid reputation for its personalized care and experienced, dedicated staff. Caregivers provide the highest standard of healthcare services, allowing clients to maintain their dignity and quality of life while in a comfortable home environment. Licensed for up to 10 beds, the home maintains a family-style atmosphere, where residents are treated with respect. A Buyer could expand the facility on the existing property if growth is desired. Northern Nevada has long been a popular destination for retirees, and quality elder care is in high demand as people look for care outside the institutional nursing home environment. The business and property are contingent upon each other and are to be purchased in tandem. Don’t miss this opportunity to acquire a fulfilling business in an expanding and thriving industry.

General Information
Year Established: 1990
Employees: 3
Facilities: A well-maintained, 3000 sf facility in a residential area, with easy freeway access and ample neighborhood parking. Property must be purchased with the business.

Market Outlook
Competition: The long, successful history (over 25 years!) of this assisted living facility says it all. Residents receive lots of personalized care, and the facility enjoys full occupancy much of the time.

Growth and Expansion: Owner-operated since its inception, this business enjoys a great word-of-mouth reputation and rarely needs to advertise. A Buyer could grow the business by expanding the facility on the existing property. Advertising via social media, a web-site, and magazines are ways to market the business if needed. As Northern Nevada’s retiree population grows, the demand for assisted living in a comfortable neighborhood setting will always be high.

About the Sale
Financing: All cash or terms acceptable to seller
Support/Training: 30 days
Reason Selling: Retirement/Explore new endeavors

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