Assisted Living / Memory Care Facility: One hour outside of Atlanta in a central location to well populated markets.

This home was established in 1996. It sits on multiple acreage and is currently licensed for 24. Ownership has put in excess of $100,000 in the past few months to complete the requirements to increase the license to 36. LICENSE HAS BEEN APPROVED FOR 36. Revenue in 2014 was close to$600,000 with the owner’s discretionary earnings at about $140,000 averaging about 20 residents a month. They presently have 30 residents and anticipated both sales and earning to increase significantly in 2015. They expect revenue to hit $720,000 with owner’s discretionary earnings at around $230,000. Asking $1,795,000 including business and real estate.

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

Assisted Living / Personal Care Home: New listing on an established home in metro Atlanta.

Licensed for 42 state and 36 county and just received zoning approval to add an additional six rooms. Revenue in 2013 was $775,000 and $765,000 in 2014 with owner’s discretionary earnings averaging $260,000. Projections for 2015 exceed $260,000 for owner’s discretionary earnings. Asking $2,400,000 for business and real estate.

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