PRICE REDUCED Established Assisted Living Facility w/ Real Estate

Listing Number: 1110202-481278

Description

Lovely, twenty-three year old retirement and assisted living facility on 7 acres in suburban central Illinois providing residential and limited memory care for seniors. Excellent reviews. The business is consistently profitable and generates NOI averaging $349k ($403k in 2024 returning to pre-Covid levels). Significant revenue growth opportunities include addition of a fifth building for skilled nursing, rehab or additional residents as well as conversion of an existing villa(s) into memory care units. There is currently a shortage of rehab beds in the area. 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: $4,999,000
• Down Payment: $500,000
• Sellers Discretionary Earnings: $403,227
• Total Sales: $1,446,347
• Location: Adams County, Illinois


• Inventory: $2,000
• FF&E: $200,000
• Employees: 29
• Year Established: 2002
• Reason for Selling: Retirement
• Category: Medical Related Biz