Listing Number: 1110202-481278
Description
Lovely, twenty-one year old retirement and assisted living facility on 7 acres in suburban central Illinois providing residential care for seniors. Excellent reviews. Adaptable for smaller group homes. Space for addition of a Rehab building. The business is consistently profitable and generates a NOI averaging $232k. There is room on the property for expansion to increase residential capacity by 25% and more. The seller is a nurse and manages the business.
For more information, contact the listing agent Charlie Scarlett cscarlett@tworld.com with Transworld Business Advisors or our office at (636)400-6100 stlwest@tworld.com and ask about listing number 481278
Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.
Listing Details
- Price: $5,300,000
- Down Payment: $530,000
- Sellers Discretionary Earnings: $188,819
- Total Sales: $1,138,156
- Location: Adams County, Illinois
- Inventory: $2,000
- FF&E: $200,000
- Employees: 29
- Year Established: 2002
- Reason for Selling: Retirement
- Category: Medical Related Biz
Contact Agent:
- Charlie Scarlett
- Phone: (636) 400-5409
- Email: cscarlett@tworld.com
