20 Unit 24 Bed Assisted Living Property, SE MN
Not Disclosed, MN Not Disclosed
SE MN
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- RE: 20 Unit 24 Bed Assisted Living Property, SE MN
- Contact: Young L
Quick Facts
| Asking Price: | $2,800,000 | |
| Annual Revenue: | $855,246 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $348,262 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 20 | |
| Employees: | 19 | |
| BBN Listing #: | 994295 | |
| Broker Reference #: | 15270167-YB |
Business Overview:
OFFERING
VR Business Brokers, Mergers & Acquisitions is pleased to present a 20-unit, 24-bed assisted living facility in Southern Minnesota, offered with real property included.
Established 20 years ago, this community has built a sterling reputation and maintained stable occupancy, with revenue steadily growing.
· Payor mix (by beds): 80% private pay / 20% MA-EW
- Average monthly rate per resident: $3,920
- Average resident tenure: 4–5 years
The owners are seeking an acquirer who will uphold the community’s strong reputation for quality care and capitalize on its earnings potential. They are also willing to remain during an agreed-upon transition period to ensure a seamless handover.
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Reason for Selling:
Personal Reasons. Kindly ask the seller for more information.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
Documents:
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