Description

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.

Posted Oct 7, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.