State: Illinois
Ad ID: KS2706-GW
Financials
Gross Revenue: $1,168,000
Cash Flow: Undisclosed
Asking Price: $1,300,000
Summary Description

(SOLD!)
This business has been caring for residents for 30+ years and has established a reputation for providing quality health care. They provide a caring, comfortable home that allows the residents to feel relaxed, safe and truly part of a family. Their friendly, considerate staff are on duty 24/7 to offer services that help ensure each patient is taken care of medically, physically, and emotionally. Plans are tailored around the individual and designed around their interests to maintain their overall well-being.

The business is licensed for 32 beds total. There is little competition and all fees for each resident are paid by the state of Illinois, Medicaid and Social Security. The owner operates the facilities “Semi Absentee”. He does paperwork and renews licenses.

All Real Estate is Included in the asking price.

2016 Cash Flow: $196,300

General Information
Year Established: 30+
Franchise: No
Home based: No
Relocatable: No
Employees
Full Time: 27
Part Time: 11
Reason for Selling
Retirement