George & Company

UNDER AGREEMENT - Assisted Living #15721

Hampden County, MA

Possibly Some Seller Financing 

Asking Price: $995,000

Cash Flow: $351,990

Gross Revenue: $1,028,160

Established: 1982


Business Description

They don't build homes like this anymore? Old-world elegance with this Victorian-built home that was specifically designed for long-term care.
 

Very large square footage at over 15,000 sq. ft. sitting on 2 acres provides an elegance and space you simply don't get in most assisted living facilities.
 

This home has built-in expansion capabilities that will take very little money and these changes are reflected in the numbers. Currently profitable and priced accordingly, however, expanding the bed count by 4 turns this business into a cash cow with a value approaching $3 million.
 

These opportunities come along very infrequently. Don't miss your chance to own this very unique and highly desired home.


Attached Documents


Detailed Information

Location: Hampden County, MA

Employees: 9

Facilities: Real Estate is included in asking price: 15,327 sq. ft. facility on 2 acres

Growth & Expansion: Expanding the bed count by 4 turns this business into a cash cow with a value approaching $3 million.

Financing: $50,000 for 5 years @ 8%

Support & Training: Seller supports transitional training to aid in a smooth transition.

Reason for Selling: Other interests

Contact: Ron Ekstrom

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  


Looking for More Information?

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