SVN | COMMERCIAL ADVISORY GROUP | 1626 RINGLING BOULEVARD, SUITE 500, SARASOTA, FL 34236 SALE BROCHURE CONFIDENTIAL ASSISTED LIVING FACILITY FOR SALE 2575 PELICAN DRIVE SARASOTA, FL 34237 THIS IS NOT THE ACTUAL ADDRESS! Scott Rimmer Advisor 941.343.4511 [email protected]Brad Lindberg Senior Advisor 941.356.0338 [email protected]
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CONFIDENTIAL ASSISTED LIVING FACILITY FOR SALE · 2018. 3. 13. · Confidential Assisted Living Facility, Sarasota County, FL 1. Confidentiality. Prospect and Prospect’s Broker
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SVN | COMMERCIAL ADVISORY GROUP | 1626 RINGLING BOULEVARD, SUITE 500, SARASOTA, FL 34236 SALE BROCHURE
CONFIDENTIALASSISTEDLIVING FACILITYFOR SALE2575 PELICAN DRIVESARASOTA, FL 34237THIS IS NOT THE ACTUAL ADDRESS!
PROPERTY OVERVIEWConfidential Assisted Living Facility for Sale
PROPERTY HIGHLIGHTS
• Long Established ALF in the Sarasota/Manatee County Area. ActualAddress can not be given until the attached NDA is signed.
• $4,750,000 for business and property.
• 2016 Revenue approximately $1.6 Million with Owner Benefit of $595,000.
• Licensed for 67 Beds, running at 50-51, which is management/ownerpreference for workload management, this could be changed upward.
• 37 bedrooms
• 21,000 SF Building
• on 2.5+/- acres with an option to buy +/-5 vacant acres adjacent toproperty which is zoned for up to 270 beds total.
• Facility has a good reputation, they are able to keep at the 50 level withoutdifficulty. They do not need to pay agencies (such as Place for Mom) tosource residents. Facility focuses on Memory Care.
• 24 Employees
• Owner functions as Manager.
• In a very high growth area of Sarasota/Manatee County, right off I75.
Property Summary
CONFIDENTIAL ASSISTED LIVING FACILITY FOR SALE | 2575 PELICAN DRIVE, SARASOTA, FL 34237 SVN | Commercial Advisory Group | Page 2