George & Company

Assisted Living Facility #15727

Central New England

Asking Price: $3,550,000

Gross Income: $1,699,574

Cash Flow: $606,074

Established: 1940


Business Description

Established & Respected

Turnkey Operation

 

  • An "under 40 bed" facility residing on over 6 acres of land
  • Wonderfully maintained assisted living with census 90%+
  • Comes with an apartment and plenty of parking
  • Fully staffed and ready to go

 

If you're thinking "old mansion" converted into an assisted living, you'd be way off. This home, though originally built in 1940, has been improved and ready for the 21st century. Half baths adjoin all the rooms along with ample shower rooms, dining room, etc. Well staffed and ready for you to step in. Plenty of extra acreage that is beautiful as is, or one could consider adding something like an adult daycare or even expanding the assisted living.

 


Detailed Information

Location: Central New England

Established: 1940

Employees: 20

Real Estate: Included

Financing: $150,000 @ 8% 5-yr balloon

Support & Training: Owner is offering 30-day consulting window. A longer timeline can be negotiated.

Reason For Selling: Retirement of Owner

Contact: Ron Ekstrom

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  


Looking for More Information?

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