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Senior Assisted Living Center with Memory Care

Resized
  • Listing# : 16380
  • Listed Price : $6,170,000
  • Total Sales : $1,711,972
  • SIC : 8361
  • Down Payment : $170,000
  • Status : Active
  • Discretionary Earnings : $642,784

Business Type :

Healthcare/Medical / Assisted Living Facilities

Business Description :

A St. Louis Assisted Living Facility located in an upscale residential community. This facility offers its seniors personalized care in a home-like setting. The business opened its doors in a newly constructed building in 1990 and added a west wing in 1992. It has been under current seller’s ownership since 1996. There are 2 Independent Living beds located in an upstairs apartment, 10 licensed Memory Care beds in a secured west wing, and 20 licensed Assisted Living beds located on two halls in the main building totaling 32 beds in all. The financial history is excellent and the annual occupancy rates have been over 90% for the last 4 years.  

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $3,418,000
    • Incl : Yes
    • Inventory $0
    • Incl :
    • Liabilities $0
    • Incl :
    • FF&E $222,064
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $3,640,064
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Healthcare/Medical