Worcester County Residential Care Facility For Sale – Under Agreement

nursing-home
$4,500,000

Listing #: 1618

Location: Worcester County

 

Description:

ROI Corporation is pleased to offer a 124 beds + licensed Rest Home facility with real estate, located in the Worcester County.  The current facility is licensed for 60 beds, plus the company holds another license for additional 64 beds for a total of 124 beds, which is included with the sale.  The facility consists of 29 semi-private rooms, two private unit rooms, resident’s rooms, commercial kitchen, dining room, living room, nurse station, and etc.

The rest Home provides hospice and short-term respite care services, as well as 24 hours care, medication administration, and activities. The rest home also provides physical, occupation, and speech therapies, psychiatric evaluation & services, podiatry services, laboratory & X-ray services, hairdressing & barber services through on-site community contracts.  Established 40 plus years ago and recently renovated. This is a rare opportunity to own level IV rest home in Massachusetts, since no more licenses are being issued by the state.  For additional information, contact the listing broker.

Financial Information:

Yearly Gross: $1,561,821
Cash Flow / EBITDA:
$225,513
Assets / FFE: 
$250,000 (Included)
Inventory:
N/A  (Included)
Real Estate: $3,000,000 (Included)      \

Financing: To be determined
Asking:
$4,500,000.00

General Information:

Year Established: 2008

Type of location: Rest Home

Support/Training: Full training available!

Reason Selling: Other business interests
Employees: 5 FT    22   PT

Franchise: No  Home-based: No  Re-locatable: No

County: Worcester

For more information, please contact:
Company:
ROI Corporation a BBANE Affiliate

Broker: Denis Mezheritskiy

Phone: 781-682-6209 ext. 264