Realty Executives Associates, Business Brokerage
Phone: 865-693-3232
Hotels and Motels For Sale in Colorado
  • Hotels and Motels For Sale in Colorado

Assisted Living Center

  • Listing Id: 2773
  • Broker Name: Gary Lenderman
  • Category: Hotels and Motels
  • Asking Price: $1,175,000.00
  • EBITDA: $200,000.00
  • Real Estate: $500,000.00
  • Cash Flow: $147,464.00
  • Inventory: $1,000.00
  • No. Of Full-Time Employees: N/A
  • No. Of Part-Time Employees: N/A
  • Gross Income: $383,160.00
  • FF&E: $50,000.00
  • Year Built: N/A
  • Address: Click Here
  • Zip Code: Click Here
  • City: Colorado Springs
  • State: CO
  • Country: United States
  • Tenancy: Single
  • Occupancy: N/A
  • Lot Size: N/A
  • Available: Yes
Description

This is a very successful and profitable assisted living center located between Knoxville, TN and Nashville, TN. The center provides compassionate care and a meaningful quality of life to all of their senior residents. The purchase price of $1,175,000 includes the business goodwill / cash flow, all furnishings, fixtures, equipment, inventory, website and marketing venues, the tradename as well as the approx. 2.5 acres and 6500 sq. ft. building. The real estate property is being sold for $500,000 and the business assets and goodwill are being sold for $675,000 for a total purchase price of $1,175,000. This is an outstanding opportunity for an individual or investment group to own an already highly successful assisted living center with prime real estate property in a very coveted and popular area of Tennessee. In addition, the possibility of securing owner financing for a limited portion of the purchase price makes this an even more attractive investment than one without any possibility of this kind of financial assistance.

Financial Summary

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