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Established Medical Boarding Home
Essex County, NJ |
Listing #7892 |
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| Financial Information (non-confidential) |
| Asking Price |
$1,200,000.00 |
Gross Revenues |
$300,000.00 |
| Down Payment |
$0.00 |
Owner’s Cash Flow |
$89,800.00 |
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Financing: $0.00 Down and Negotiable
Reason for Selling:Owner Moving into Real Estate Development
This is a long established boarding home for people with psychiatric disorders. This home has been operating for 12 years. The present owner has been operating the facility for the past 3 years in which time he has renovated the facility. This NJ state licensed facility is 2 buildings separated by a driveway. There are 19 beds in one building and 20 in the other. These licenses are very hard to get and this is a rare opportunity to get into this growing industry.
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Marie Goldstein
Senior Business Broker
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Servicing Area:
All of NY
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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