Portland, Sumner County, Tennessee, United States
Portland, Sumner County, TN, US
Six resident senior living home business for sale with option to either purchase real estate or lease. The business was established in 2019 and has seen steady income since. They currently only have 5 residents, so adding a 6th would increase revenue. The seller has never raised prices and expects that a price increase would be beneficial to the business. The seller currently works full time in the business but would like to step away due to a family health issue. The seller thinks the increase revenue from an extra resident and price increase should allow more flexibility for a new owner with regard to staffing. Option to purchase real estate in addition to business price for $400,000.
