Price:
$
4,999,000
PRICE REDUCED Established Assisted Living Facility w/ Real Estate
PRICE REDUCED Established Assisted Living Facility w/ Real Estate
Adams County, Illinois
$
4,999,000
Lovely, twenty-three year old retirement and assisted living facility on 7 acres in suburban central Illinois providing residential and limited memory care for seniors. Excellent reviews. The business is consistently profitable and generates NOI averaging $349k ($403k in 2024 returning to pre-Covid levels). Significant revenue growth opportunities include addition of a fifth building for skilled nursing, rehab or additional residents as well as conversion of an existing villa(s) into memory care units. There is currently a shortage of rehab beds in the area. The seller is a nurse and manages the business. F
or more information, contact the listing agent Charlie Scarlett cscarlett@tworld.com with Transworld Business Advisors or our office at (636)400-6100 stlwest@tworld.com and ask about listing number 481278
Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.
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Listing Details
PRICE REDUCED Established Assisted Living Facility w/ Real Estate
Location:
Adams County, Illinois
Down Payment:
$
500000
Down Payment: $ 499900
Sales:
$
1446347
Sellers Discretionary Earnings:
$
403227
Furniture, Fixtures, and Equipment:
$
200000
Employees:
29
Year Established:
2002
Reason for Selling:
Retirement
Disclaimer: The numbers are current estimates and are subject to change.
Business Description
Lovely, twenty-three year old retirement and assisted living facility on 7 acres in suburban central Illinois providing residential and limited memory care for seniors. Excellent reviews. The business is consistently profitable and generates NOI averaging $349k ($403k in 2024 returning to pre-Covid levels). Significant revenue growth opportunities include addition of a fifth building for skilled nursing, rehab or additional residents as well as conversion of an existing villa(s) into memory care units. There is currently a shortage of rehab beds in the area. The seller is a nurse and manages the business. F
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Real Estate included through WJRJR LLC, 636-400-6100 Listing Broker William Roland Jr.
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