Assisted Living Centers in Houston, Texas with Real Estate for Sale

Asking Price

$1,390,000

Annual Cash Flow*

$330,854

Annual Revenue

$821,047

Sunbelt Listing ID

N1850-KT

Real Estate

Included

1/1

Pictures are stock images and are not indicative of the actual business.

Listing Details

State

City

Texas

Houston

Company Description

Three Assisted Living Centers including the associated real estate located in North Harris County area is for sale.  Each center holds six clients (total of 18) and four employees (total of 12), plus one general manager and one cook who prepares the food for all locations.  Each center is a single-family home located in a separate subdivision as allowed by Texas State Law.  Revenues and Cash Flow have increased over the last several years.  Owner is moving out of state.Demographics of Elder Care MarketAccording to the U.S. Census Bureau, the number of individuals in the US between the ages of 65 and 84 will increase by 38.8 percent between 2010 and 2020, while the population over age 85 will increase by 18.7 percent. This aging of the population will create a large area of unmet demand in the following decade for ALFs.

Presented by Sunbelt Business Brokers – Houston, Texas; a member of the Sunbelt Business Brokers Network, the largest organization of business brokers and M&A professionals worldwide.  Call Ken Teusink at 281.440.5153 for complete details.

Listing Agent

DA-head-shot-resized.jpg

Kenneth Teusink

281-440-5153

Industry

*Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner's compensation. See earnings detail from Seller.

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