Tupelo Data Room
Assisted Living & Nursing Homes, Home Health Care
Active

Senior Living Home

Portland, Sumner County, Tennessee, United States
Asking Price$75k
Revenue$260k
EBITDA-
Cash Flow$48k
Description
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.
Real Estate
Rent is $1,800 per month
Building Size: 2050 sq. ft.
Furniture Fixtures & Equipment
$35k
Number of EmployeesFull-Time: 3Part-Time: 1
Year Established
2019
Reason Selling
Family Health
Facilities & Assets
Lease Info: Square Footage: 2,050 Total Monthly Rent: $1,800 Lease Expiration: 2029 Lease Options to Renew: Negotiable *Option to purchase real estate in addition to business price for $400,000.
Support & Training
Negotiable.
Asking Price$75k