Assisted Living Business for Sale in Nashville, TN - Below Capacity with Growth Potential

This listing presents a rare opportunity to acquire a Non-Profit Assisted Living business located in Nashville, TN. The facility is described as a turnkey operation, fully staffed and ready for a new owner to take it to the next level. A key selling point is its significant growth potential, as the business has not yet reached its licensed capacity. Situated on a major thoroughfare, the large facility offers convenient access to medical services, prescriptions, and groceries. The business actively engages with local churches and community programs, fostering an active and involved resident environment. The asking price was $199,000 with a reported Gross Revenue of $755,225 and Total Adjusted Net Income of $140,057. The facility spans 23,000 square feet with a monthly rent of $4,500. It employs 25 full-time staff members. Equipment and fixtures are valued at $150,000. The reason for selling is relocation.