Today's Stats
16,617 active sellers - 358 new this week
16,477 active buyers - 601 new this week
Thursday, February 26, 2015

Quick Search:

Assisted Living Commnunity

Opened in 2001 and perfectly nestled on a three-acre heavily wooded and landscaped campus, this 24,500+ square foot, 50-bed Assisted Living Community is architecturally designed to remind its residents of home, not an institutional warehouse for senior citizen. The Community is located only 20 minutes from downtown Atlanta, Georgia.

Currently, the Community averages approximately $3,100 per unit, with a gross margin of 40%.

When gaining control of the property and business, the occupancy rate was a dismal 57% and obviously required a turn-a-round plan. The turn-a-round strategy focused on interior physical improvements and exterior landscaping, a changed in local management, employing a higher quality staff, and implementing a marketing plan to promote the improvements. Today, this 50-bed facility has 100% occupancy, along with a waiting list.

if the Buyer has limited experience in managing an Assisted living Community, the current owner is amenable to a long-term management contract to oversee operations as well as the potential expansion plans.

We're sorry, this listing has been canceled.
Here are some similar listings that are still active:

Lovingly Managed Personal Care Home

Licensed by the state for 18 residents, this personal care home provides a wonderful income for its owner and terrific care for its residents. This is a turnkey operation, with a 5,100 square foot home on 3 acres, and includes an in-ground swimming pool. It is fully staffed and equipped. Currently, there are 12 residents in the home, and two others...

© 1995-2015 Brauns Online Media
company information    privacy policy    terms of use    contact us
MergerNetwork version 5.5 build #5023