Assisted Living Facilities with a Total of 18 beds in 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 is licensed to service a total of 18 beds and accepts Medicaid and private pay. The payer breakdown is 40% Medicaid and 60% Private Pay. Gross revenues have been in the $1 Million range and they exceeded $1.1 Million in 2016 with an adjusted EBITDA of around $326,000. The facility has a 100% occupancy rate, with a waitlist.

Market Competition:

I am pleased to introduce an opportunity to purchase 2 Assisted Living Facilities with a total of 18 beds, located in Alaska. The properties are in pristine condition, and include 24-hour aide care, daily housekeeping, laundry services, medication management, meals, transportation coordination, and much more.

Location Details:

Alaska

Support & Training

All employees are expected to stay on under new ownership. The owners are looking to retire but would be willing to assist during a transitional period.

The seller is asking $2.5 Million for the business opportunity, including the real estate, which is based on a 12% cap rate.