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  • Listing No.: 201-10037

  • Category: Service

Asking Price $250,000.00
Down Payment $175,000.00
Gross Revenue $304,282.00
Total Adjusted Net Income $81,608.00
Equipment / Fixtures $45,009.68
Year Established 1983
General Location
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Profitable and locally owned assisted Living home. Located close to Richmond. Clean family based Facility. Fully staffed with qualified employees. Full client list and most clients have been there for years. Great opportunity to step into a fully operational business that has a great reputation and expansion possibilities.

Gross Revenue $304,282.00 Listed Price $250,000.00
Total Income $81,608.00 Down Payment $175,000.00
Base Rent $4,000.00 Square Feet 4200
Total Rent $4,000.00 Lease Expiration 2/2020
Rent Deposit $4,000.00 Lease Options 3/5
Inventory Not Included Leasehold Improvements $13,562
Equipment / Fixtures $45,009.68 Other Assets
Full-Time Employees 6 Training Period 60 days with additional time billed on an hourly rate
Part-Time Employees 1 Special License Required Health Administrator License
Contract Staff Reason for Selling Ready to retire

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.