Assisted Living Facilities with 27 beds in the Matanuska-Susitna Borough, Alaska

Financial & Assets Details

About the Business

Business Description

All Buyers - Individual(s) or Corporation(s)
Must Provide Resume(s), Proof of Net-Worth, and/or Revenues, Proof of Funds to make the Purchase, and Purchase Plan.
All Buyers are Introduced to the Seller based on the Buyer submission of Information. Approval Granted by the Seller, to the Buyer to Review the Offering Book in Detail.
It is expressed that American Healthcare Capital Does NOT Advise Sellers or Buyers to engage another party with no experience in the Healthcare Industry and/or other industry; and rejects potential sellers or buyers based on lack of industry knowledge a factor in qualification of any seller and/or buyer engagement.
QUALIFIES FOR SBA FINANCING INQUIRE

Growth & Expansion

The company’s business mix is 70% Medicaid, 15% Private Pay, and 5% General Relief. Combined Revenues were $2,374,000 with a combined EBITDA of $406,183 in 2016. The combined 2016 EBITDAR was $523,762. The properties have a total of 27 beds, with 100% occupancy and a waitlist.

Market Competition:

I am pleased to introduce 4 assisted living facilities (“ALFs”) in Alaska that are focused on providing total care for the elderly. The company has been in business since 1985 and opened their most recent home in 2006. They offer a unique combination of services and around the clock care, with four homes located throughout Matanuska-Susitna Borough, Alaska, which is close to Anchorage.

Location Details:

Matanuska-Susitna Borough, Alaska

Support & Training

There is a full complement of staff available to continue working with a new owner, and the sellers will
accommodate a transitional period as needed. The sellers own 3 of the 4 properties, and they lease 1 property.

Reason for Selling:

The asking price for this opportunity is $3.1 Million, which includes four (4) business opportunities and three (3) real estate properties based on a 17% cap rate of combined EBITDAR. The business opportunities may be sold separate from the real estate.