Senior Care facility in N Georgia

This 21,000 SF senior care facility was established in 2007 to serve the north GA community. They have 28 suites and are licensed for 2 residents per suite if desired. Their revenue is in excess of $1M with the seller’s discretionary earnings in the $390,000 range before debt service. The facility has a lower level that can be completed to handle another 12 suites. The owner feels this is an opportunity to open a memory care unit on the premises. The owner is retiring from multiple businesses and is beginning to liquidate some of his holdings. The facility is run by an executive director and two assistant directors allowing the owner to be mostly absentee. we are asking $3.1M for the property and the business. Contact: Matt Wochele, CBI C# 404-863-2200 or J Snypp #404966-5989. Status: For Sale

Assisted Living Facility – Established in 1983

Assisted Living Facility – This well appointed home was established in 1983. There is 11000 SF plus an additional apartment of 2500 SF. The apartment is being used by the owner’s parents and is not bringing in revenue. There are 25 rooms with 32 beds.The present owners prefer to keep the single rooms although the are licensed for a total of 44 beds. Presently there are 30 residents with applications to fill the last two beds. revenue in 2005 hit $560,000 which is consistent with recent previous years. Asking: $2,450,000 ( Price Reduced ).

Contact J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.

Assisted Living Facility – Established in 1986

Assisted Living Facility – Established in 1986. This beautiful southern charm 12,000SF+- home has a great reputation as a top care giver.

They are licensed for 23 but have the capacity for over 35. The present owner is absentee allowing his staff and director to run the daily operations. The revenue has grown from $36,000 month with current residency of fifteen to now over $54,000 with 23 residents. Owner’s discretionary earnings are in the $215,000 range. The owner is mostly absentee now.There is a great upside to increase the current census. Asking $1,550,000 which includes the real estate.

Contact J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.

Assisted Living Facility – 13,000 SF facility

Assisted Living Facility – This 13,000 SF facility sits on a multi acre property in a rural setting.

They are servicing the Gainesville, Athens, Jefferson area NE of Atlanta. They are licensed for 24 and have the capacity to grow without having to physically add to the facility. The home specializes in memory care. The owner’s discretionary income on a part time basis is in excess of $180,000. There are two FT directors in place that would like to stay with a new owner. Asking $1,390,000.

Contact J. Snypp #404-966-5989 or Matt Wochele, CBI #404-863-2200.
Status: Sold.