SOLD Long Island, New York - Assisted Living Facility for Sale
SOLD Assisted Living Facility for Sale on Long Island New York (Both Real Estate & Active Facility). Size: 75 bed units, 28800 s.f. of building on 8000 s.f. lot. Established 50 years. Fully occupied 75 beds. 70% 3rd party and fee for service; 30% Medicare/Medicaid. Present owner receiving $1200/bed month and general marketplace getting $2800+/bed per month. Great growth potential for incoming buyer. Employees: 18 full time. Strengths: Seller will convey with business for a time determined by buyer and purchase of business only or both business and real estate. Gross Revenues: $1,200,000 million annually. Net: $600,000. Deal structure: Seller asking $5,500,000 million for both or $1,500,000 million for the business only. Owner financing available to qualified buyer. This an Affiliate listing - Please contact for more information.