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Business Profile
LISTING ID# MA000637
Business Category:
Nursing Home
CONTACT INFORMATION
Ron Ekstrom
rekstrom@sunbeltne.com
(781)503-9040
800 W. Cummings Park, Suite 2000
Woburn
Massachusetts 01801
Office Phone : (781)932-7355
View all listings in Woburn, MAoffice.
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Skilled Nursing Home
Industry : Nursing Home
Metro North Boston , Massachusetts

Financial Information (Summary of Terms)
Asking Price : $2,395,000
Annual Receipts : $1,664,070
Annual Cash Flow : $364,000
Down Payment : Upon Request
FF & E included? : Yes
FF & E Asking : Not Available
Inventory included? : No
Inventory Asking : Upon Request
Property Information
Monthly Rent : Not Available
Security Deposit : Not Available
Real Estate Available? : Yes
Real Estate Asking? : Upon Request

Business Summary
This is an established skilled nursing home (less than 50 beds) on 1+ acres of land. State has a moratorium on licenses so there is no way to get a skilled nursing home license without buying an existing home. Great space for expansion of an adult day health center. This home has enjoyed decades of success and can easily be run absentee. There are 14 FT employees and 23 part-timers. The property is large enough to contemplate physical expansion of the facility to either add more skilled nursing beds, add a rest home component (a level IV license in MA), add a dementia unit or even an adult day health program. Home has consistently run 84%+ census over the years but by employing some of the growth strategies this can be improved on while additionally adding revenue streams.

Business Information
Location : Metro North Boston
Business Type : Nursing Home
Days Open : 7
Part-Time Employees : 23
Full-Time Employees : 14
Required Licenses : State Approval
Reason For Sale : Retire health

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