Health Care Facility In Monroe County For Sale

Business description

100% PRIVATE PAY ASSISTED LIVING FACILITY. Located in Monroe County, PA this Assisted Living Facility which is 15,000 sq. ft. and is situated on approximately 3 beautifully landscaped acres is licensed for 44 beds. Serving the Community for over 23 years combines housing, personalized supportive services and health care in an atmosphere of safety and privacy with 24 hour supervision. Both private and semi-private rooms are available. Based on monthly fee, basic services include meals, laundry, housekeeping, recreation, and transportation plus additional services including help with dressing, bathing and medication management. A well trained caring staff is in place to enhance their resident’s way of life. There is a very high ratio to staff to residents that can be reduced. All meals are prepared and served in their dining room from a fully equipped kitchen. There is plenty of vacant land on site to build extended rooms for additional residents. The healthcare industry continues to grow in leaps and bounds and assisted care is on of these niches. Beginning January of 2011 every single day more then 10,000 baby boomers will reach the age of 65. This will keep happening every single day for the next 19 years. This family owned and operated facility also includes a rented two bedroom home on property grounds. All figures are taken from income tax return. This facility could also be converted back to a hotel. For further information please contact Vito Mastromonaco or Gene Reilly below.

Property information

Premises details:

44 beds completely furnished, insurance private assisted facility building 15,000 sq. ft. on approximately 3 acres, ample for many more residents and their guests. Facility is 23 years old – equipment kept in top notch shape

Size in square feet:

15,000 sq. ft.

Business Operation

Expansion potential:

Present owner, because of his health, cannot operate facility to his lease ability and has slacker off/on promotion and contacts to get new insured patients into facility

Competition / Market:

Since this area is least expensive to carry on this type of facility, other facilities are located in area and all filled up

Reasons for selling:

Health reasons

Trading hours:

24/7

Employees:

11

Years established:

23 years

Other information

Support & training:

Two weeks plus daughters would stay on as consultant

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner will accept $350,000 in financing at a negotiable rate of interest

Furniture / Fixtures value:

$136,129 (included in the asking price)