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Listed by:

The Firm

Residential Nursing Care In Phoenix For Sale

Phoenix, Arizona, US
Asking Price:
$2,400,000 (USD) Furniture / Fixtures included
Sales Revenue:
$1,957,347 (USD)
Cash Flow:
$655,073 (USD)

This company excels at providing residential care for individuals who are medically fragile or who have physical or intellectual disabilities that require round-the-clock care. Known for high-quality and responsible care, these two homes are fully-staffed with nurses and certified nursing assistants who meet the medical and daily living care needs of the residents. This includes waking, hygiene, dressing, feeding, movement, physician visits, and social engagement. Residents are of various ages from infant to adult and are grouped in as close of age groupings as is possible. Many residents are long-term and have lived on-site for 5 or more years. All care is financially managed through the State of Arizona and billings are submitted monthly. One owner oversees business operations and does not currently provide resident care, while one owner oversees nursing and the replacement has been accounted for in the cash flow analysis.

There are two locations in this care system. Both sites are residential homes located in neighborhoods. Location one is 1,800 square feet and features four bedrooms, two bathrooms, a kitchen, living room, and office. Location two is 2,600 square feet and features three bedrooms, three bathrooms, a kitchen, living room, family room, and office. All necessary medical equipment is stored on-site for easy use by the care team. The team includes well-trained nursing staff and assistants.

Property Information

Real Estate:

Lease

Location:

Phoenix, Arizona

Premises Details:

Location 1: 1,800 sq. ft.: 4 bedrooms, 2 baths, kitchen, living, office; Location 2: 2,600 sq. ft.: 3 bedrooms, 3 baths, kitchen, living, office

Business Operation

Expansion Potential:

Continue to add other houses in the service plan

Reasons for selling:

Retirement planning

Employees:
32: Nursing staff and assistants
Years established:
2012

Other Information

Support & training:

90 days

Financing available:

Purchase Price: $2,400,000
12.5% Buyer Down Payment: $300,000
12.5% Seller Carry: $300,000
70% Bank Loan: $1,800,000

A 12.5% down payment of $300,000 returns $304,103 in the first year after debt payments!

Furniture / Fixtures value:
$49,000 (USD) - included in the asking price
Related Documents:

Contact Information

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