Generic photo to protect the privacy of residents
- Currently has 24 residents.
- Zoned and licensed for 30 beds.
- Large lot, possible addition.
- Vacant 2 bedroom apartment that could be used by owner operator.
- Turn-key operation. Fully sprinklered.
- Business operating since 1988
PROFORMA 30 Bed Care Home |
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Income (24 Beds x $1,300 x 12) |
$374,000 |
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Expense |
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Bank Charges and interest |
$1,176 |
Insurance |
$11,796 |
Office and General |
$5,426 |
Professional fees |
$5,998 |
Property Taxes |
$11,287 |
Repairs and Maintnance |
$7,846 |
Supplies |
$32,832 |
Salaries & Wages |
$92,609 |
Telephone |
$4,643 |
Utilities |
$20,301 |
Vehicles Expenses |
$3,000 |
Total Expense |
$196,914 |
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EBITDA (NOI) Income |
$177,086.00 |
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*Information provided by Seller. |
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Buyers must verify all information. |
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