| 2024 PROFORMA |
| |
|
|
| Revenue* |
|
|
| Rent and Care Services |
$1,220,236 |
|
| Other Revenue |
$10,049 |
|
| Total Revenue |
$1,230,285 |
|
| |
|
|
| Expenses* |
|
|
| Food |
$129,586 |
|
| Supplies |
$12,850 |
|
| Resident Activities |
$11,706 |
|
| Sub-total |
|
$154,142 |
| Payroll |
|
|
| Wages and Salaries |
$513,921 |
|
| Employee Benefits |
$48,240 |
|
| Sub-total |
|
$562,161 |
| Building repairs** |
$25,000 |
|
| Maintenance and Inspections |
$18,000 |
|
| Utilities |
$55,000 |
|
| Property Taxes |
$22,000 |
|
| Insurance |
$35,000 |
|
| Licensing Dues & Fees |
$10,000 |
|
| Acounting and Legal |
$5,000 |
|
| Office and Payroll Processing |
$6,500 |
|
| Vehicle |
$3,500 |
|
| Telephone/cable |
$6,000 |
|
| Bank Charges |
$2,500 |
|
| Computer Expenses |
$2,000 |
|
| Equipment Rental & Repairs |
$3,000 |
|
| Advertising |
$5,000 |
|
| Sub-total |
|
$198,500 |
| Total Expenses |
|
$914,803 |
| |
|
|
| EBITDA |
|
$315,482 |
| CAP Rate |
|
8.30% |
| |
|
|
| |
|
|
| *Pro-rated for 12 months from 8 months financials |
| **Estimated from previous financials |
|
| ***NOTE: Information provided by Seller. |
|
| Buyer must verify all information. |
|
| |
|
|
|
