Off Market
Off Market
Independent Living Community with Room for Growth!
$400,000
Greater Austin Metro Area, TX
This business is off the market. Subscribe to our Listing Alerts for early access to new listings.
Gross Revenue
$367,919
Owner's Cash Flow
$198,204
Min Down Payment
$80,000
Employees
5 PT
Business Summary
The company was founded by the current owners in 2010 following the completed construction of the first four cottages. The owners had several years of experience working with and caring for seniors prior to founding the company. They realized that many of their patients could remain healthier and independent longer if they only had a place that offered nutritious meals, activities to keep their minds sharp, exercise, socialization, and a maintenance-free house that was not an institution. This realization became the founding thesis of the company.
Key Highlights
Year established
2010
Real estate
Owned will sell
Real estate asking price
$2,900,000
Reason for selling
After successfully operating and growing the company for more than a decade, the owners are looking to spend a few years away from their careers and focus on their real estate investments.
Support and training
The owner is willing to stay on for up to 6 months to help with the transition.
Content Locked
Provide your information to immediately see consolidated financials.
Consolidated Cashflow
To see all the financial data including a break down of the owner's salary and add-backs, request access to the confidential information
| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Gross Revenue | $6,574 | $4,442 | $7,496 |
| COGS | $582 | $8,715 | $6,695 |
| Gross Income | $5,992 | ($4,273) | $801 |
| Operating Expenses | $1,283 | $1,809 | $6,986 |
| Operating Incomes | $4,709 | ($6,082) | ($6,185) |
| Net Other Income (Expenses) | ($7,366) | ($6,762) | ($6,147) |
| Net Income | ($2,657) | ($12,844) | ($12,332) |
| Interest | $8,971 | $2,651 | $7,662 |
| Depreciation | $7,939 | $4,690 | $5,185 |
| Amortization | $5,231 | $2,296 | $6,316 |
| EBITDA | $19,484 | ($3,207) | $6,831 |
| Add-backs | $65,649 | $84,580 | $45,707 |
| Owner's Cash Flow | $85,133 | $81,373 | $52,538 |
Content Locked
Provide your information to immediately gain access to our projection model for this listing.
Projected Free Cash Flow
.jpg?tr=w-400)
