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Murphy Business & Financial Corporation - North & South Texas Region
13760 Noel Rd, Suite 325
Dallas, TX 75240
(214) 751-3900
Fax: (214) 751-3893

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Listing Details - Profitable Residential Care Group Home

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Listing#: 7499 SIC: Business Type: Medical Related Biz, A.L.F.

	Status	Active
	Listed Price	$750,000
	Down Payment	$750,000
	Owners Cash Flow	$141,269
	Total Sales	$313,459

	Contact Information

	Office: 972-342-8511
	Email: Send Email To Agent

Business Description
This is a well established small Type B licensed assisted living facility in Texas. It was established in 2008. All State inspections have reflected "no deficiencies". It is licensed for eight residents but currently has seven. The remaining vacancy may be used for a live-in or day care resident. Filling this space can have significant impact upon cash flow. Payments are made via private-pay, VA benefits or most long term care insurance policies. This business provides an excellent cash flow for an absentee owner with minimal day-to-day involvement. Owner is not required to be a nurse.


Assets/Liabilities
Accounts Receivable		Incl.	Real Estate	$255,000	Incl. Yes
Inventory		Incl.	Liabilities		Incl.
FF&E	$8,000	Incl. Yes	Other:		Incl.
Leasehold	$18,500	Incl. Yes	Total Assets	$281,500


Lender Prequalified: No

Financing/Terms	Amount	Mos	Rate	Mo. Pmt.
Loan/Assumable
Loan/Seller
Other

There are several residential care homes in the DFW Metroplex but few in the immediate area. What sets this home apart from others is its impeccable reputation and the fact that it is licensed. There have been no complaints since the business opened.

This is a perfect opportunity for someone interested in this type of business to learn the ropes from an already well-established and profitable residential care home. This would position them to then open additional homes at a later date. Owning a second home would allow an owner to place additional referrals.

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