Yes
1- let’s take the smallest number 40. At 80% = 32 beds
Using the $20,000 monthly valuation per bed; lowest number provided by stervc.
That’s almost $2,000,000 in a quarter. That would certainly surpass $8,000,000 annually.
And this would be without anything else.
Assuming renovations completed by end of 2nd quarter: 52 beds
80% 42 beds
This will push quarterly revenues to $2,500,000 at 80% capacity.
That would push the annual to the 10-12 million dollar range.
GRST is Golden!