American Healthcare Capital is pleased to present an upscale Assisted Living Facility for sale in Central Texas. The company was licensed and certified in 2018 by the State of Texas Department of Health and Human Services as a Type B facility. The facility provides medication administration, 24/7 care, chef-prepared organic meals, calendar and appointment management, daily planned activities and events, and streaming TV for all patients. They serve clients from Travis County and the surrounding areas.
The total capacity of the facility is usually 12, but they are currently at a 10 census, and they are fully occupied. The ownership decided during Covid to keep two units that can hold two patients each at only one per room. The company’s payer mix is 100% private pay. Gross Revenue for Year Ending 2020 was $720,000 and is on track to be $828,000 in 2021. The average length of stay is just over one year.
The asking price for this opportunity is $2.1 million, which includes the Real Estate and the Business Opportunity.
