assisted-living-4-entity

Providing Services to Oakland, Macomb, Wayne, Livingston, and Genesee Counties

Assisted Living - Unique 4 Entity Opportunity with Real Estate

Asking Price:$10,990,000

Cash Flow:$816,972

Gross Revenue:$3,998,941

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:2003

Propane Tanks

Business Description:

An existing 48-unit retirement community which offers assistance with daily living. The community is marketed towards seniors, however can accommodate any residents over the age of 18 including traumatic brain injury, dementia, delirium, Parkinson, and paraplegic residents. The community accepts Home and community Based Waivers with approximately 46% of residents utilizing this subsidy.

There are 48 suites ranging from studios to one bedroom suites and room on the grounds to add 26 more rooms. The monthly residence fees include residential suite meals, and an extensive package of personalizes amenities and retirement living services. Emergency call system, daily meals and snacks, all utilities included, laundry room and services available sink, fridge, and microwaves, private living rooms, bath with shower, and freedom to decorate and furnish with items to maintain individuality. There is indoor-Outdoor community activities, indoor and outdoor shuffleboard, elevators, upstairs sitting room with a bird aviary, on the main floor there is a sitting room with a salt water tank and a dart frog aquarium in the lobby.

There is a non-emergency medical transportation provider business as well. We serve the entire state providing quality ambulatory and wheelchair accessible van services. We provide door to door service in a comfortable and secure environment. We assist each individual from the time of puck up to drop off. Our vans are custom built to comply with all ADA requirements and can accommodate both the rider and a caregiver in a comfortable, roomy, ADA compliant, handicap accessible van.

THERAPY AND SERVICES - IN HOME PERSONAL CARE

To provide personal care services for all ages in a way to help them maintain a satisfactory quality of life with as little or as much caregiver assistance as desired in their own home at an affordable price.
to fill the gap in quality personal care needs

There are (4) different Businesses all working off each other.


Detailed Information:

Real Estate:Owned - Included in asking price

Building SF:31,690

Employees:123 for all co's

Facilities:A 48 unit retirement community. The 31,690 square foot improvements were done in 2002 and are situated on a 19.23 acre site

Competition:See Confidential Business Review

Growth & Expansion:See Confidential Business Review for Details on addition

Financing:Negotiable

Support & Training:Owner and manager are both looking to stay on for 3-5 years

Reason for Selling:Retirement from Ownership

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