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FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
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* Included in Asking Price
Unusual business opportunity for this licensed & approved Assisted Living center located in Hunterdon County, Northern New Jersey. The attractive facility has an existing Certificate of Occupancy to be transferred to the new operator. The center consists of approximately 30,000 square feet with approximately one hundred & fifty (150) private rooms, including various private & semi private bathrooms, showers, nurses work stations, group sitting rooms and lots of storage. The facility has a commercial kitchen and substantial private parking. The facility is located on a beautiful campus consisting of a rural wooded fifty-acre country setting with breathtaking tranquil views overlooking central and northern New Jersey. The center is presently closed and requires the remolding prior to operating. The sale will include a twenty-five-year commercial lease with a fair yearly rent cost, shared utility costs and reasonable rent increases. A rent grace period will be supplied in order to assume the cost for decorating and set up. This transaction will include all the necessary state and municipal licenses required to conduct an assisted living center. The sale will also include the required certificate of occupancy. This opportunity is quite unusual and is projected to supply a substantial return on investment and many years of profit to the owner operator. This business opportunity will represent a long term lease agreement and the tenant will be required to invest the necessary funds for remodeling. All viewings are by appointment only and photo may not represent this particular business opportunity.
Facilities:The closed facility consists of a residential assisted living center with existing a certificate of occupancy for use. The facility consists of 30,000 square feet, 150 plus rooms in an attractive setting. The center has upgraded central heating and air conditioning, dozens of private & semi private toilet facilities and sufficient private parking. The facility has additional space for staff offices, counseling and meetings areas. The center is located in a beautiful rural area of Northern New Jersey conveniently near various local and state highways.
Growth Potential:This business opportunity is presently not in use, however the demand for assisted living services are quite substantial, with the require remodeling to the facility, appropriate staffing and marketing a substantial income return will be possible.
Sale Reason:Corporate sale.
Ad #88486
Seller Reference #SVS288
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Ron Cervelli
Regal Consulting Corp.
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