Business Overview:
OFFERING
VR Business Brokers, Mergers and Acquisitions is pleased to introduce a 12-unit /20 bed Assisted Living Facility with Dementia Care in Southern Minnesota. The facility has expertly trained staff, offering memory, Alzheimer’s, and dementia care services. They accept both private-pay and Minnesota Elderly Waiver residents. The community has been serving this market for over 20 years, establishing itself as a leader in memory care in the area, and is poised for continued growth in the rapidly expanding assisted living market. The property lot has a potential for additional development.
Average Monthly Rate per Resident
$6,000 /Month
INDUSTRY TRENDS (1)
• Projected Strong Growth in Demand. Over the next two decades, the population of adults over 85 will more than double to exceed 14.4 million people. Depending on when the bulk of the elderly population enters the skilled nursing care system, the swell in demand could exceed space available.
• Sales for the US nursing homes and assisted living companies’ industry are forecast to grow at a 5.06% compounded annual rate from 2019 to 2025. Growth rate is faster than the growth of the overall economy, at 3.6%.
• Federal Funding Proposed for Home, Community-based Care. President Biden has made a proposal to spend $400 billion over eight years on home and community-based services as part of his $2 trillion infrastructure plan
• Business Exit Rate much lower than US Average for all businesses. For assisted livings and nursing homes, the rating is 1.5, while the national average for all industries is 9 which indicates a SOUND investment.
(1) Vertical IQ
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Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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